I think freehold is very similar to hak milik in Indonesia; as opposed to leasehold, which is hak guna bangunan in Indonesia.

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Note added at 1 hr 13 mins (2003-08-18 03:46:19 GMT)
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well, after reading the reference below, I think leasehold is not only limited to hak guna bangunan but also includes hak guna usaha, hak pakai, as well as hak sewa.

http://www.expat.or.id/info/ownershiprights.html

HTH



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Note added at 1 hr 50 mins (2003-08-18 04:23:27 GMT)
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in case you need to know the meaning, here\'s what the OED says:

freehold:
the fact of owning a building or piece of land for a period of time that is not limited.