Given that there are two types of leasehold arrangements available, whichever one you choose could theoretically change the value of your home. Any 999-year leasehold can be thought of as similar to owning a freehold due to the length of time granted. This is similar to the lengths of time you would see in the UK. A 99-year leasehold should be thought of very differently. Whether buying new or used, there’s not as much time left until the lease reverts back to the freeholder, which in the case of Singapore would be the government. If the owner wants to continue living in their home, then they would need to extend their lease for another 99 years. This can be done through the Singapore Land Authority.
Leasehold properties also carry restrictions in regards to how you pay for them. If the property has less than 60 years to run on its lease, then banks usually won’t finance the purchase. A property with 30 years or less left to run on its lease can’t be purchased with the buyer’s Central Provident Fund (CPF). Due to these two restrictions, properties past these ages will start to depreciate at a faster rate.