Leasehold or freehold?
Some of the best-located residences on this corridor, including several on Crown Property Bureau land around Langsuan, are sold as leaseholds. They can be the right choice, but only if you know exactly what the lease gives you, and what the marketing adds on top.
Freehold
You own the unit and receive the title deed in your name. It can be sold, rented out or passed on. For a foreigner, it needs remaining foreign quota in the building and funds brought in from abroad. See the buyer's guide.
Leasehold
You buy the right to occupy the unit for a fixed term, registered at the Land Office. Thai law limits a registered lease to 30 years. Developers often offer longer packages, such as 30 + 30 years, but the renewal is a promise in the contract, not a registered right. Its strength depends on who the lessor is and how the contract is written.
Side by side
Who leasehold suits
Buyers who want a long-term home in a location where freehold is rare or quota is full, and who value the address and service over resale. It suits a 15–25 year plan better than a 5-year investment.
Before you sign a leasehold
- Who is the lessor, and who owns the land?
- Is the lease registered at the Land Office for the full 30 years?
- What exactly does the renewal clause say, and does it bind the lessor's successors?
- Can you sell, sublet or transfer the lease, and at what fee?
- What happens to the lease if you die during the term?
About the headlines: proposals to allow 99-year leases and to raise the condo foreign quota to 75% were discussed in 2024–2025 but had not been enacted as of mid-2026. Buy on the rules that apply today.
Comparing a leasehold with a freehold?
Send me both units. I'll lay out the terms side by side before you speak to a lawyer.
General information, not legal advice. Have a Thai property lawyer review any lease before you pay.