• During the nineteenth century, the British colonial government began classifying land ownership in Singapore. Freehold property was one of the classifications. When a freehold property owner passes away, all property owned will be passed on to a representative of the deceased. Currently, this still holds under the Conveyancing and Law of Property Act.
• Freehold property meant that the property ownership is permanent. However in Singapore where land is scarce, the freehold aspect will depend on several factors, such as whether the Government decides to acquire private land.

永久屋 (Taiwan)