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Think back, 30-40yrs back, a 20000sqft detached house in Nassim road costs S$80K-S$90K, but at current situation, it costs min S$20M. So, what is the percentage of return? Imagine, if you buy say a 99yrs super high end condo at S$29M for say 5178sqft which translate into S$5600psf. Usually, before it T.O.P, it takes 2-3yrs. So minus the remaining lease it is about 96yrs lease from T.O.P, what is the upside of this super high end condo? Assuming the ultra rich owner never sell, per year basis, it depreciate by S$302K, wow ! it is a lot like deprciating a 4rm flat on per yr basis. But if you buy say a S$20M 20000sqft detached in cluny park, what is the upside. To me, to appreciate to S$30M is within reach given the fact that a FH Land-Title Landed property own this piece of 20000sqft land whereas Strata-Title FH condo does not own any land except it merely share the land with its neighbour, be it very exclusive 35 tenants or not so exclusive 2000 tenants? What is your comment?
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18 Answers

RAVIN RAVINTHARAN
Kevin Chung 莊國賢
Dear Albert, we have to consider a few factors before answering your question.I'll just raise one important consideration.

1. Foreigners cannot buy landed properties (easily). The appreciation of landed FH properties is limited by the above. There will always be some super high price transactions that catches media attention but prices above $2000psf are rare and few.

Strata-Title FH however do not have that restriction. There are easily 50 times more units sold above $2000psf compare to each landed sold above the same price.

Give me a call if you want more insight into real estate investment.

Kevin Chung
 +65 96855070 
DTZ Debenham Tie Leung (SEA) Pte Ltd Read More
1
Kevin Yeow 饶国威
Dear Albert
You are right - owning a landed property in land-scarce Singapore is certainly of promising upside - given that governance and economy of our country remains relatively stable & progessive.

With current demand in an upward trend spur by the growing wealth of those eligible, current appreciation in prices are obvious. (what if LDAU relaxes foreign ownership, this will accelerate even further as noted in the condominium segment).

Location is prime here also to the contribution of the rate of increase as stated by many of my peers.

However, as with all investments, one should also be aware of the risks inherent to be consider. (Will Singapore continue its prosperity path say 5, 10, 25years later . . .?)

Properties take some time to convert to liquidity - should also be consider.

As Singapore has been well governed thus far with a stable robust economy - proactive yet relatively flexible, the rate of return for a landed property is a promising outcome. One should also not forget, that no matter what - a property serves its primary role - that of a shelter & comfort and even prestige for those own their own land - that alone is intangible and invaluable . . .

After all, we don't live forever - so, let's live life to the fullest!!!

Cheers
Kevin Read More
1
Hi Albert Lim,

Congratulating you for the Top viewed Question. 45885 viewers include me. Since Mar 2008. Well done.

Just like this interesting question you had posted 3 years 5months ago, the number still counting.....
Your property investment will continue to grow stronger and better in value as year go by. Regardless whether is a leasehold or freehold property.
Eg : Farrer Court, a leasehold "HUDC" before privatized balance 60 years lease, each was sold for $2.15m. "location, location, location".
For the landed property at Nassim, it very interesting.
We need to thank our Government, for the stability, good infrastructure, our world class banking & financial system, especially the strong S$. And restrictedHi Serene,

If you are single, the HDB require a minimum age of 35 years old to qualify to buy the resales "open market" HDB flat only.

Meanwhile, I suggest you may want to get financial plan ready.
Your CPF funds at the Ordinary account, ( include last 15 months contribution) last 3-months payslip or IRAS income tax statement. ownership for all landed property, less LDAU approved owners or the landed at Sentosa.
I agreed all property in Singapore will continue to appreciate over time, the limited land available and have a good government system.
Buying a property is a long term investment, be it for own-stay (our need or pleasure, or investment ( to hedge against inflation, interest rate or opportunity cost).
Future value for most property will rise in different percentage will very much depend on the location (central d1-d8, prime d9-d11)
I would advise for best investment purpose, multiple properties in various central or prime districts.
However, if for your own-stay, pleasure, enjoyment of life, the value cannot be compared or value can be measured. You can choose the bungalow on landed property or "bungalow in the air"
Big penthouses with swimming pool and many other good facilities with security. (The later, has no restriction on foreigners' ownership) .

You are pamper with many choices, but this time make sure you buy with no regret. We need not wait another 30-40 years and regret we never invested in properties.

All the Best.

Best Regards,
Jonathan Tong
Orangetee.com Pte Ltd
Mobile : 9782 2848 
Email: jonathan.tong@orangetee.com Read More
1
Mani Subramanian Veeramani
Dear Albert Lim

You have posted this question on Mar 12, 2008. There were several changes that happened in the real estate market especially in the last few years, so you and the viewers of this post need to be updated. First I help home buyers sellers and investors by educating them. That's why there are more than 11,400++ fans following me on LinikedIn.

There are so much other important things that you should know… What is new?
Check it out 350+ posts, contains useful guides & tips, etc.

Download, forward/share with your Facebook friends as well.

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https://www.linkedin.com/in/AskRealtorMani
Questions? #AskRealtorMani 8300 4411  Help@AskRealtor.sg
https://www.linkedin.com/messaging/compose Read More
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I agree with you Albert !
Let's go get the 20,000sqft property.
Take you pick, Nassim Road or Cluny Park ?

- Hakim
property@hakim.sg
 9144 9841  Read More
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Hi friend,

Feel free to reach out for any real estate related matters on Whatsapp at 9 01234-21 and I would gladly assist.

Have a good day!

Best regards,
Kenneth Wong
 (+65) 90123421 
OrangeTee & Tie Pte Ltd 430 Lorong 6 Toa Payoh #01-01 OrangeTee Building Singapore 319402
Estate Agent Licence No. L3009250K Read More
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Hi Sir/Madam

Are you looking to sell/buy or rent out your property?

I will be glad to assist
I am well versed in Private Property transaction and have done many transactions
Appreciate if you can contact me at (65) 9 6 6 0 8 5 0 8 with details of your unit
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Warmest regards,

Silvia Yang

Senior Marketing Director
ERA Realty Network Pte Ltd
Mobile: (65) 9 6 6 0 8 5 0 8
Email: Silviayang8@gmail.com Read More
1
Recommendations:

Seek Legal Counsel: Consult a lawyer specializing in family law and property matters to assess your case and advise you on the best course of action.
Contact HDB: Reach out to the Housing Development Board (HDB) for clarification on your eligibility for housing grants and schemes as a second-timer.
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5
You're absolutely right to highlight the power of land ownership, especially in prime districts like Nassim or Cluny. Here's my take:

Freehold landed properties — especially GCBs or large detached houses with true land titles — sit in a category of their own. There’s limited supply, no new land being created, and these areas are tightly zoned, which protects their exclusivity. So when demand rises (especially from ultra HNWIs), prices move up fast, and they rarely come down.

Now let’s do a rough comparison on returns:
Nassim Landed:

Bought at ~$85K in the 1980s

Now worth ~$20M

Over ~40 years, that's about 9% compound annual growth — outperforming most asset classes with minimal leverage

High-end Leasehold Condo:

$29M, 5178sqft, 99 years lease

Depreciates with time, and that depreciation accelerates as lease runs down — especially below 60 years

Limited land value upside because you're not owning land title directly — it's a share of common property

Also subject to higher maintenance costs, en bloc uncertainty, and resale buyer sentiment about lease decay

Unless it’s bought for pure lifestyle reasons or for rental yield during the early years, leasehold ultra-luxury condos are generally not a wealth-preserving play across generations.
Freehold Landed (e.g. Cluny Park):

Land title = true ownership

Rare product + trophy value + limited supply = high resilience and long-term appreciation

$20M to $30M is very possible — especially with plot intensification or future redevelopment upside

Bottom line — land-titled freehold landed homes are in a league of their own. Strata-titled condos, even luxurious ones, can’t match that in terms of long-term wealth preservation or generational value.

Aren Goh | 96576701 
If you're looking into this segment seriously, feel free to message me. I’d be happy to run the numbers with you and share what’s available off-market too. Read More
0
1. Freehold landed homes in top districts like Nassim and Cluny Park hold their value well because land in Singapore is extremely limited. A large 20,000 sqft plot is more than a house—it is a lasting family legacy.

2. Foreigners can buy high-end condos but not landed homes without LDAU approval, which keeps demand for luxury landed properties strong among locals. Leasehold condos lose value over time, but an en bloc sale can bring owners a sizeable profit if the location and redevelopment potential are attractive.

3. Landed freehold properties give full control, privacy, and the freedom to rebuild, making them rare and desirable. For those eligible, owning land is both a smart financial move and a way to create something lasting for the next generation.

As Mark Twain once said, “Buy land, they’re not making it anymore.”
WhatsApp me at: ABLE Toh (65) 9856-9255  or through this link.:https://wa.me/6598569255

----------------------------888--------------------------------888--------------------------->>>

(1) "If you need more assistance with property matters:

like renting / selling, buying / or investing, I'm here to help!

WhatsApp me at: ABLE Toh (65) 9856*9255 or through this link.:https://wa.me/6598569255

(Unfortunately, this platform doesn't allow direct contact, but you can easily reach me )

(2) (***) ✅✅ You can READ my REVIEWS here:

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4
1. Freehold landed homes in top districts like Nassim and Cluny Park hold their value well because land in Singapore is extremely limited. A large 20,000 sqft plot is more than a house—it is a lasting family legacy.

2. Foreigners can buy high-end condos but not landed homes without LDAU approval, which keeps demand for luxury landed properties strong among locals. Leasehold condos lose value over time, but an en bloc sale can bring owners a sizeable profit if the location and redevelopment potential are attractive.

3. Landed freehold properties give full control, privacy, and the freedom to rebuild, making them rare and desirable. For those eligible, owning land is both a smart financial move and a way to create something lasting for the next generation.

As Mark Twain once said, “Buy land, they’re not making it anymore.”
WhatsApp me at: ABLE Toh (65) 9856-9255  or through this link.:https://wa.me/6598569255

----------------------------888--------------------------------888--------------------------->>>

(1) "If you need more assistance with property matters:

like renting / selling, buying / or investing, I'm here to help!

WhatsApp me at: ABLE Toh (65) 9856*9255 or through this link.:https://wa.me/6598569255

(Unfortunately, this platform doesn't allow direct contact, but you can easily reach me )

(2) (***) ✅✅ You can READ my REVIEWS here:

✅✅ https://www.propertyguru.com.sg/agent/able-s-k-toh-61591.

(3) ✅✅ For PRIVATE Home Buyers, I offer solutions for sourcing resale and new PRIVATE homes at ✅✅ ZERO charge (Because Most PRIVATE seller Agent are willing to share commission with Buyer Agent)

*** You can reach me at my Singapore mobile: (65) 9856 9255  or email me at Able.selling@gmail.com.

***(4) ✅ ✅ ✅ DEVELOPER SALES TEAM!!! BEST PRICES !!! ✅ ✅ NO AGENT FEES !! ✅ ✅ LOWEST PRICE GUARANTEED!!!

*** Connect Singapore Line: (65) 9856*9255

FOR : UPDATED INFO / E- BROCHURE / FLOOR PLAN / PRICE LIST!!!

NEW Launches Condominium in 2025 , call , whatsapp me FOR BEST CHEAPEST, LOWEST PRICE: Read More
5
1. Freehold landed homes in top districts like Nassim and Cluny Park hold their value well because land in Singapore is extremely limited. A large 20,000 sqft plot is more than a house—it is a lasting family legacy.

2. Foreigners can buy high-end condos but not landed homes without LDAU approval, which keeps demand for luxury landed properties strong among locals. Leasehold condos lose value over time, but an en bloc sale can bring owners a sizeable profit if the location and redevelopment potential are attractive.

3. Landed freehold properties give full control, privacy, and the freedom to rebuild, making them rare and desirable. For those eligible, owning land is both a smart financial move and a way to create something lasting for the next generation.

As Mark Twain once said, “Buy land, they’re not making it anymore.”
WhatsApp me at: ABLE Toh (65) 9856-9255  or through this link.:https://wa.me/6598569255

----------------------------888--------------------------------888--------------------------->>>

(1) "If you need more assistance with property matters:

like renting / selling, buying / or investing, I'm here to help!

WhatsApp me at: ABLE Toh (65) 9856*9255 or through this link.:https://wa.me/6598569255

(Unfortunately, this platform doesn't allow direct contact, but you can easily reach me )

(2) (***) ✅✅ You can READ my REVIEWS here:

✅✅ https://www.propertyguru.com.sg/agent/able-s-k-toh-61591.

(3) ✅✅ For PRIVATE Home Buyers, I offer solutions for sourcing resale and new PRIVATE homes at ✅✅ ZERO charge (Because Most PRIVATE seller Agent are willing to share commission with Buyer Agent)

*** You can reach me at my Singapore mobile: (65) 9856 9255  or email me at Able.selling@gmail.com.

***(4) ✅ ✅ ✅ DEVELOPER SALES TEAM!!! BEST PRICES !!! ✅ ✅ NO AGENT FEES !! ✅ ✅ LOWEST PRICE GUARANTEED!!!

*** Connect Singapore Line: (65) 9856*9255

FOR : UPDATED INFO / E- BROCHURE / FLOOR PLAN / PRICE LIST!!!

NEW Launches Condominium in 2025 , call , whatsapp me FOR BEST CHEAPEST, LOWEST PRICE: Read More
5
1. Freehold landed homes in top districts like Nassim and Cluny Park hold their value well because land in Singapore is extremely limited. A large 20,000 sqft plot is more than a house—it is a lasting family legacy.

2. Foreigners can buy high-end condos but not landed homes without LDAU approval, which keeps demand for luxury landed properties strong among locals. Leasehold condos lose value over time, but an en bloc sale can bring owners a sizeable profit if the location and redevelopment potential are attractive.

3. Landed freehold properties give full control, privacy, and the freedom to rebuild, making them rare and desirable. For those eligible, owning land is both a smart financial move and a way to create something lasting for the next generation.

As Mark Twain once said, “Buy land, they’re not making it anymore.”
WhatsApp me at: ABLE Toh (65) 9856-9255  or through this link.:https://wa.me/6598569255

----------------------------888--------------------------------888--------------------------->>>

(1) "If you need more assistance with property matters:

like renting / selling, buying / or investing, I'm here to help!

WhatsApp me at: ABLE Toh (65) 9856*9255 or through this link.:https://wa.me/6598569255

(Unfortunately, this platform doesn't allow direct contact, but you can easily reach me )

(2) (***) ✅✅ You can READ my REVIEWS here:

✅✅ https://www.propertyguru.com.sg/agent/able-s-k-toh-61591.

(3) ✅✅ For PRIVATE Home Buyers, I offer solutions for sourcing resale and new PRIVATE homes at ✅✅ ZERO charge (Because Most PRIVATE seller Agent are willing to share commission with Buyer Agent)

*** You can reach me at my Singapore mobile: (65) 9856 9255  or email me at Able.selling@gmail.com.

***(4) ✅ ✅ ✅ DEVELOPER SALES TEAM!!! BEST PRICES !!! ✅ ✅ NO AGENT FEES !! ✅ ✅ LOWEST PRICE GUARANTEED!!!

*** Connect Singapore Line: (65) 9856*9255

FOR : UPDATED INFO / E- BROCHURE / FLOOR PLAN / PRICE LIST!!!

NEW Launches Condominium in 2025 , call , whatsapp me FOR BEST CHEAPEST, LOWEST PRICE: Read More
5

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