- 3,607 condo sales in 2026, segmented by 85 lease tenure types.
- Freehold tenure dominated with 1,078 transactions.
- Freehold properties commanded a 40.9% PSF premium over 99-year leasehold.
- Freehold average PSF was $2,295 psf vs $1,630 psf for 99-year leasehold.
Overview
An analysis of 2026 Singapore condo sales segmented by lease tenure. Tenure is one of the most important pricing factors: freehold and 999-year properties typically command significant premiums over 99-year leasehold equivalents. This report quantifies that gap using 3,607 recorded transactions.
Sales by Lease Tenure
| Tenure | Transactions | Share | Avg PSF | Avg Price | Avg Size (sqft) | YoY PSF Change |
|---|---|---|---|---|---|---|
| Freehold | 1,078 | 29.9% | $2,295 psf | $3,902,358 | 1,823 | ↑ 10.5% |
| 99 years leasehold | 521 | 14.4% | $1,798 psf | $1,864,841 | 1,036 | ↓ 26.8% |
| 99 yrs lease commencing from 2024 | 181 | 5.0% | $2,603 psf | $2,773,931 | 1,064 | ↑ 2.6% |
| 99 yrs lease commencing from 2025 | 151 | 4.2% | $2,175 psf | $1,837,098 | 839 | ↓ 5.9% |
| 99 yrs lease commencing from 2011 | 136 | 3.8% | $1,590 psf | $1,647,390 | 1,068 | ↑ 0.2% |
| 99 yrs lease commencing from 2018 | 130 | 3.6% | $2,036 psf | $1,749,807 | 841 | ↑ 1.7% |
| 99 yrs lease commencing from 2012 | 125 | 3.5% | $1,631 psf | $1,610,373 | 1,036 | ↑ 4.3% |
| 99 yrs lease commencing from 2014 | 82 | 2.3% | $1,727 psf | $1,371,012 | 806 | ↑ 5.7% |
| 99 yrs lease commencing from 2013 | 79 | 2.2% | $1,705 psf | $1,562,557 | 933 | ↑ 0.2% |
| 99 yrs lease commencing from 2023 | 76 | 2.1% | $2,543 psf | $2,416,612 | 971 | ↑ 5.0% |
| 99 yrs lease commencing from 2016 | 68 | 1.9% | $1,901 psf | $1,698,313 | 901 | ↓ 1.9% |
| 99 yrs lease commencing from 2010 | 68 | 1.9% | $1,562 psf | $1,761,751 | 1,153 | ↑ 1.8% |
| 99 yrs lease commencing from 2019 | 67 | 1.9% | $2,274 psf | $2,021,194 | 886 | ↓ 0.3% |
| 99 yrs lease commencing from 2015 | 67 | 1.9% | $1,766 psf | $1,529,484 | 881 | ↑ 2.6% |
| 99 yrs lease commencing from 1997 | 53 | 1.5% | $1,400 psf | $1,727,182 | 1,245 | ↑ 6.0% |
| 99 yrs lease commencing from 2022 | 53 | 1.5% | $2,479 psf | $3,510,559 | 1,422 | ↑ 7.0% |
| 99 yrs lease commencing from 2017 | 52 | 1.4% | $2,135 psf | $1,514,688 | 704 | ↑ 1.8% |
| 99 yrs lease commencing from 2008 | 41 | 1.1% | $1,516 psf | $1,674,677 | 1,124 | ↓ 6.9% |
| 99 yrs lease commencing from 1995 | 36 | 1.0% | $1,264 psf | $1,792,703 | 1,458 | ↓ 4.3% |
| 99 yrs lease commencing from 1993 | 30 | 0.8% | $1,393 psf | $1,827,359 | 1,340 | ↓ 2.1% |
| 99 yrs lease commencing from 1994 | 30 | 0.8% | $1,392 psf | $2,156,426 | 1,516 | ↑ 0.8% |
| 99 yrs lease commencing from 1996 | 29 | 0.8% | $1,273 psf | $1,619,337 | 1,241 | ↑ 2.0% |
| 999 yrs lease commencing from 1885 | 27 | 0.7% | $1,916 psf | $3,055,463 | 1,586 | ↑ 6.8% |
| 99 yrs lease commencing from 2002 | 25 | 0.7% | $1,417 psf | $1,744,982 | 1,367 | ↓ 13.2% |
| 99 yrs lease commencing from 2000 | 25 | 0.7% | $1,344 psf | $1,656,155 | 1,267 | ↑ 7.8% |
| 99 yrs lease commencing from 2007 | 24 | 0.7% | $2,005 psf | $4,298,465 | 2,114 | ↑ 10.0% |
| 99 yrs lease commencing from 2021 | 24 | 0.7% | $2,445 psf | $2,192,742 | 911 | ↑ 7.6% |
| 99 yrs lease commencing from 2001 | 24 | 0.7% | $1,223 psf | $1,958,149 | 1,765 | ↓ 7.7% |
| 99 yrs lease commencing from 2006 | 21 | 0.6% | $1,703 psf | $3,325,266 | 1,920 | ↓ 2.7% |
| 99 yrs lease commencing from 1991 | 20 | 0.6% | $1,325 psf | $1,766,094 | 1,333 | ↑ 0.4% |
| 99 yrs lease commencing from 1998 | 20 | 0.6% | $1,311 psf | $1,582,044 | 1,193 | ↓ 7.2% |
| 99 yrs lease commencing from 2020 | 17 | 0.5% | $2,068 psf | $1,682,158 | 828 | ↓ 1.3% |
| 99 yrs lease commencing from 2004 | 15 | 0.4% | $1,617 psf | $2,972,467 | 1,901 | ↓ 4.0% |
| 999 yrs lease commencing from 1879 | 14 | 0.4% | $2,135 psf | $6,397,143 | 3,048 | ↑ 9.5% |
| 99 yrs lease commencing from 2009 | 12 | 0.3% | $1,729 psf | $2,032,417 | 1,176 | ↑ 7.7% |
| 99 yrs lease commencing from 1999 | 12 | 0.3% | $1,902 psf | $2,402,583 | 1,284 | ↓ 0.5% |
| 999 yrs lease commencing from 1876 | 11 | 0.3% | $1,896 psf | $3,988,808 | 2,043 | ↑ 1.3% |
| 999 yrs lease commencing from 1878 | 10 | 0.3% | $1,369 psf | $4,477,800 | 3,501 | ↓ 24.0% |
| 956 yrs lease commencing from 1928 | 10 | 0.3% | $1,898 psf | $2,584,889 | 1,338 | ↑ 8.5% |
| 99 yrs lease commencing from 2005 | 10 | 0.3% | $1,773 psf | $3,247,688 | 1,812 | ↑ 2.7% |
| 99 yrs lease commencing from 1982 | 10 | 0.3% | $1,316 psf | $1,825,989 | 1,432 | ↑ 8.3% |
| 999 yrs lease commencing from 1841 | 10 | 0.3% | $2,821 psf | $2,664,189 | 978 | ↓ 9.8% |
| 999 yrs lease commencing from 1877 | 10 | 0.3% | $2,206 psf | $2,402,469 | 1,080 | ↑ 7.0% |
| 999 yrs lease commencing from 1875 | 9 | 0.2% | $2,498 psf | $8,744,099 | 3,294 | ↑ 11.4% |
| 99 yrs lease commencing from 1992 | 8 | 0.2% | $1,064 psf | $1,441,250 | 1,317 | ↓ 1.5% |
| 999 yrs lease commencing from 1886 | 7 | 0.2% | $1,287 psf | $4,042,857 | 3,127 | ↓ 16.4% |
| 999 yrs lease commencing from 1955 | 6 | 0.2% | $2,169 psf | $6,183,133 | 2,850 | ↑ 11.5% |
| 99 yrs lease commencing from 1977 | 5 | 0.1% | $1,052 psf | $1,958,778 | 1,933 | ↓ 9.7% |
| 999 yrs lease commencing from 1884 | 4 | 0.1% | $1,933 psf | $5,137,500 | 2,886 | ↓ 2.7% |
| 999 yrs lease commencing from 1882 | 4 | 0.1% | $1,687 psf | $1,498,250 | 880 | ↑ 4.4% |
| 103 yrs lease commencing from 2009 | 4 | 0.1% | $1,566 psf | $2,675,750 | 2,040 | ↓ 10.3% |
| 99 yrs lease commencing from 1975 | 4 | 0.1% | $1,205 psf | $2,107,500 | 1,768 | ↑ 5.7% |
| 999 yrs lease commencing from 1883 | 3 | 0.1% | $1,805 psf | $2,113,333 | 1,102 | ↑ 1.9% |
| 103 yrs lease commencing from 1974 | 3 | 0.1% | $1,167 psf | $2,235,333 | 1,916 | ↑ 2.8% |
| 115 yrs lease commencing from 1983 | 2 | 0.1% | $1,944 psf | $2,615,000 | 1,345 | -- |
| 999 yrs lease commencing from 1881 | 2 | 0.1% | $1,174 psf | $8,500,000 | 7,239 | ↓ 40.3% |
| 999 yrs lease commencing from 1956 | 2 | 0.1% | $1,679 psf | $4,965,000 | 3,032 | ↓ 19.2% |
| 99 yrs lease commencing from 2003 | 2 | 0.1% | $1,786 psf | $2,330,000 | 1,302 | ↑ 23.5% |
| 999 yrs lease commencing from 1954 | 2 | 0.1% | $2,395 psf | $8,140,000 | 3,442 | ↑ 16.2% |
| 99 yrs lease commencing from 1976 | 2 | 0.1% | $932 psf | $1,184,000 | 1,270 | ↓ 9.1% |
| 99 yrs lease commencing from 1984 | 2 | 0.1% | $1,082 psf | $1,898,500 | 1,755 | ↑ 2.8% |
| 99 yrs lease commencing from 1980 | 2 | 0.1% | $1,719 psf | $3,202,500 | 2,034 | ↑ 7.7% |
| 99 yrs lease commencing from 1972 | 2 | 0.1% | $641 psf | $2,267,500 | 3,528 | ↓ 35.1% |
| 70 yrs lease commencing from 1964 | 2 | 0.1% | $107 psf | $400,000 | 3,724 | ↓ 46.1% |
| 99 yrs lease commencing from 1990 | 2 | 0.1% | $1,389 psf | $2,059,000 | 1,469 | ↓ 3.5% |
| 102 yrs lease commencing from 1996 | 2 | 0.1% | $1,700 psf | $5,800,000 | 3,412 | ↓ 3.1% |
| 99 yrs lease commencing from 1983 | 2 | 0.1% | $1,005 psf | $919,444 | 915 | ↑ 14.5% |
| 103 yrs lease commencing from 1977 | 2 | 0.1% | $1,054 psf | $1,875,000 | 1,781 | ↑ 1.3% |
| 99 yrs lease commencing from 1978 | 2 | 0.1% | $649 psf | $2,284,000 | 3,960 | -- |
| 85 yrs lease commencing from 1990 | 1 | 0.0% | $993 psf | $1,325,000 | 1,335 | ↑ 3.5% |
| 929 yrs lease commencing from 1953 | 1 | 0.0% | $2,285 psf | $2,410,000 | 1,055 | ↑ 5.8% |
| 99 yrs lease commencing from 1979 | 1 | 0.0% | $1,028 psf | $4,800,000 | 4,672 | ↓ 21.4% |
| 60 yrs lease commencing from 2013 | 1 | 0.0% | $1,486 psf | $592,000 | 398 | ↑ 1.2% |
| 946 yrs lease commencing from 1938 | 1 | 0.0% | $721 psf | $3,385,000 | 4,693 | ↓ 35.4% |
| 100 yrs lease commencing from 1986 | 1 | 0.0% | $1,012 psf | $1,688,000 | 1,668 | ↓ 4.7% |
| 999 yrs lease commencing from 1827 | 1 | 0.0% | $2,310 psf | $2,860,000 | 1,238 | ↑ 10.1% |
| 99 yrs lease commencing from 1952 | 1 | 0.0% | $382 psf | $1,350,000 | 3,536 | ↑ 17.9% |
| 999 years leasehold | 1 | 0.0% | $2,293 psf | $6,080,000 | 2,651 | ↓ 22.6% |
| 103 yrs lease commencing from 2010 | 1 | 0.0% | $2,152 psf | $1,830,000 | 850 | ↑ 4.4% |
| 999 yrs lease commencing from 1991 | 1 | 0.0% | $2,438 psf | $4,328,000 | 1,775 | -- |
| 110 yrs lease commencing from 2017 | 1 | 0.0% | $2,502 psf | $1,911,940 | 764 | ↑ 6.4% |
| 9999 yrs lease commencing from 1995 | 1 | 0.0% | $1,792 psf | $1,080,000 | 603 | -- |
| 102 yrs lease commencing from 1978 | 1 | 0.0% | $1,058 psf | $1,800,000 | 1,701 | ↑ 2.7% |
| 103 yrs lease commencing from 1975 | 1 | 0.0% | $1,041 psf | $1,680,000 | 1,615 | ↑ 0.1% |
| 999 yrs lease commencing from 1874 | 1 | 0.0% | $1,630 psf | $3,980,000 | 2,442 | ↑ 24.3% |
Market Commentary
In 2026, tenure remained a decisive factor in condo pricing. Freehold properties commanded a 40.9% PSF premium over 99-year leasehold units. While freehold properties hold their value better over the long term, 99-year leasehold units offer lower entry points and can deliver strong returns when purchased early in their lease cycle.
Buyers should consider remaining lease years relative to their investment horizon. A 99-year property with 80+ years remaining may offer comparable value to freehold in a high-growth district. Use the Mortgage Calculator to model monthly payments across tenure types.
Key Events
Editorial analysis for this section is being prepared.
Frequently Asked Questions
How much more do freehold condos cost compared to leasehold in 2026?
Freehold and 999-year condos typically trade at a significant PSF premium over 99-year leasehold properties. In 2026, this premium was approximately 40.9%. The premium varies by location and property age.
Is it better to buy a freehold or 99-year leasehold condo?
Freehold condos hold value better long-term, but 99-year leasehold properties offer lower entry prices and can still appreciate strongly if purchased early in the lease cycle. Your investment horizon and budget are the key deciding factors.
What lease tenure types are available for Singapore condos?
The main tenure types are 99-year leasehold (most common), 999-year leasehold (effectively perpetual), and freehold. Some older properties may have shorter remaining leases. In 2026, 85 distinct tenure categories were recorded across 3,607 transactions.
Explore more market data and tools on ShiokNest.
Methodology & Sources
This analysis covers the specified calendar year and is updated annually.
Transaction data sourced from URA REALIS.
- Year-over-year (YoY) comparisons use the previous calendar year as baseline.
- Full transaction data sourced from URA REALIS.
Median values used to minimize outlier impact. PSF = price per square foot.