D15 (East Coast): FH vs 99-yr premium narrows over 2021–2025
- District
- D15 — Katong / East Coast / Marine Parade
- Tenure comparison
- Freehold vs 99-year leasehold
- Property type
- Non-landed private condo/apartment
- Time range
- 5 years (2021–2025)
- Build year filter
- 2010–2020 (same-era units)
- FH premium in 2021
- ~22% PSF above 99-yr equivalents
- FH premium in 2025
- ~14% PSF above 99-yr equivalents
- Trend
- Narrowing — 8 ppt compression over 4 years
How to read this: D15 shows a classic premium compression pattern. As new 99-yr launches (Continuum excluded) flooded the East Coast corridor at strong PSF prices, buyers re-rated leasehold quality upward and the FH gap compressed. For a buyer choosing between a FH resale at $1,800 PSF and a 99-yr resale at $1,550 PSF in D15, this chart shows the 14% gap is near its historical low — suggesting FH may be relatively cheap compared to its long-run average premium, while 99-yr units are priced at a thin discount.