Freehold ownership means holding land and structure outright, without a time-bound lease. Leasehold ownership is typically held for a fixed lease term from a government or development authority, after which renewal or conversion may be required.
Co-operative society ownership, common in some older residential developments, generally involves owning shares in a society that in turn holds the underlying property, rather than direct individual title to a specific unit.
Each structure carries different implications for transferability, financing and long-term rights, so buyers should confirm which structure applies to a specific property before proceeding.
