Freehold, 999-year condos will become harder to find in the long run: expert

District 15 has the highest number of boutique 999-year/freehold projects.

Non-landed homes that are either freehold or on a 999-year lease currently account for more than 40% of all the condo supply, although these types of private housing will become more limited in the long term, according to Huttons.

An analysis by Huttons Data Analytics showed over 142,000 units of the estimated 328,305 non-landed housing supply across the city-state are on either 999-year lease or are freehold, leaving 56% or more than 185,000 units of stock as 99-year leasehold.

The firm said the huge proportion of 999-year/freehold homes may come as a surprise since they are currently billed as rare.

Huttones noted that these homes were built on land sold before Singapore’s independence in 1965, while the residential plots sold after are on a 99-year lease.

“Therefore, new supply of 999-year/freehold non-landed homes is extremely limited and hinges solely on the successful en-bloc and intensification of older developments. In the future, 999-year/freehold non-landed homes will become rarer and may hold their value better,” it said.

Huttons said nearly 84% of the existing 999-year/freehold housing stock are concentrated in ten districts, namely districts 10, 15, 9, 21, 14, 11, 12, 23, 19 and 5.

Follow the link for more news on

Huttons Asia

If you've been wondering whether SBR could work for your company — yes, probably.

A lot of the companies we partner with started as readers. They'd been following our coverage for a while, saw their own customers and competitors in it, and eventually asked the obvious question: could we do something with you? The answer is usually yes. The shape of it depends on what you're trying to do.

The options are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. Some partners use one channel; most use a mix. We figure out the right combination by starting with your brief, not with our rate card.

So if the question has been on your mind, here's the easy way to ask it.

We'll tell you honestly whether we can help, and how. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia