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What are the tenure (type of holding) of private properties?

April 26, 2017holding private properties tenure type

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What are the tenure (type of holding) of private properties?

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Properties in Singapore are either freehold or leasehold. Owners of freehold properties are entitled to hold the property forever. Leasehold properties can be held until the lease expires. Most leases for residential properties in Singapore are for 99 years. There are some that are for 999 years and others for 30 or 60 years. Please remember that the leases would have commenced some time ago so you may have much less than the lease period remaining. You should ask you lawyers to check this before you buy any property.