Freehold property is when the state sets aside a plot of land and disposes it indefinitely to an individual. This is obvious when developers build freehold bungalows, private housing and condominiums.
As the developer owns the land, property built on it facilitates the transfer of land to the buyer provided it is a landed residential property such as a bungalow or a terraced house. This ownership will be in the form of Master Title.
As for a condominium or other high-rise residential properties, the buyer owns a stake in the condo by way of the unit but the developer still owns the land. In this case, the developer will distribute the ownership via Strata Title.
Should the owner wish to transfer ownership, there are much fewer and less stringent limitations as compared to leasehold property owners.
The owner has unlimited rights to subdivide and allocate the land but is still subjected to town planning controls.
The owner also has some means to use the land for public works. The State cannot claim the land from the owner if no development takes place.