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VIVIEN LIMIPOH PROPERTY · REN 43762Title basics · PROPERTY GUIDE
Tenure is one factor alongside restrictions, remaining term, consent, condition and price.

Freehold and leasehold describe tenure, but the individual title also shows the registered owner, category of land use, express conditions and restrictions in interest. Obtain an official search through the proper channel.
For leasehold property, consider the remaining term and whether state consent or other approval applies. Financing and resale appetite can vary by property and lender; avoid a universal rule.
Compare the total package: location, condition, title terms, management, price and intended holding period. Ask a lawyer about the title and a bank about financing for the specific property.