Freehold and Leasehold Condos in Singapore
Singapore's real estate market is renowned for its stability and investment potential. For those looking to purchase a condominium, the choice between freehold and leasehold properties is a crucial one. Each type of ownership comes with its unique set of benefits and considerations. In this blog post, we'll dive into the nuances of freehold and leasehold condos in Singapore, helping you make an informed decision based on your needs, preferences, and long-term goals.
Understanding Freehold and Leasehold Properties
Before delving into the decision-making process, it's essential to grasp the fundamental differences between freehold and leasehold properties:
Freehold Property:
Definition: A freehold property grants the owner indefinite ownership of both the land and the building on ...