Frequently Asked Questions (FAQs)
 
Property Market News Releases
Enhanced Property Market Information eServices
Private Residential Property Transactions with Caveats Lodged
Prices of Units Sold in Private Residential Properties
Rental Information for Private Residential Developments
Private Residential Projects in the Pipeline
Data Dictionary

 

Property Market News Releases

How often is the information updated?
This information is updated on every 4th Friday of January, April, July and October. If the scheduled date of update falls on a public holiday, it will be updated on the following working day.

Can I obtain official projections of market trends, i.e. prices, rentals, demand and supply?
URA does not provide projections of market trends. You may wish to approach private consultants or obtain their reports for such projections.

Where can I find more detailed or a longer data series?
More detailed property-related information is available at the Real Estate Information System (REALIS), a subscription-based service provided by URA. You can subscribe to REALIS for unlimited access throughout a year or on a daily basis. For more details on REALIS, visit: http://spring.ura.gov.sg/lad/ore/login/index.cfm.

If you require transaction data only, you may want to use the INLIS website run by the Singapore Land Authority at : http://www.inlis.gov.sg.

 

Enhanced Property Market Information eServices

As part of our efforts to continually provide better service, URA has revamped the eServices on property market information by implementing a new system that is more customer - friendly and easy to use. As a user of our new eServices, you will now be able to conveniently carry out a single search to find out information on private residential properties such as transacted prices, units launched and sold, rentals and pipeline supply. You will also be able to compare property market information across different databases and time periods.

The 4 databases in the enhanced property market information portal provide information services on:
1) Private Residential Property Transactions with Caveat Lodged;
2) Prices of Units Sold in Private Residential Properties;
3) Rental Information for Private Residential Developments; and
4) Private Residential Projects in the Pipeline.

 

Private Residential Property Transactions with Caveats Lodged

How often is the information updated?
The transaction data are updated twice a week on every Tuesday and Friday. If the scheduled date of update falls on a public holiday, it will be updated on the following working day.

Why are there no records of recent transactions reported in the press?
This information service only covers property transactions with caveats lodged with the Singapore Land Authority.

Typically, caveats are lodged at least 2-3 weeks after a purchaser signed an option to purchase at the showflats. The press frequently reports the sales status of projects based on observations at showflats or interviews with developers. Therefore, what you read in the media will be different from the information shown here.

In addition, it is not compulsory to lodge a caveat for all property purchases. Lodging of caveats is usually done voluntarily by purchasers through their lawyers to protect their interest in the property.
 
What is a caveat?
A caveat is a legal document lodged with the Singapore Land Authority by a purchaser to protect his/her interests after an option to purchase is exercised or a Sales & Purchase Agreement is signed.

Does the price shown on URA Online include promotion and discounts offered by developers?
The transacted price shown is based on the price declared by the purchaser when he/she lodged the caveat.

Why are there no unit numbers displayed for the caveats listed?
This service is meant to provide basic and general information on the property market rather than detailed information. URA provides a subscription based service for users who need more detailed information. The service is called the Real Estate Information System or REALIS. You can subscribe to REALIS for unlimited access throughout a year or on a daily basis. Find out more at this url: http://spring.ura.gov.sg/lad/ore/login/index.cfm.
Alternatively, if you require transaction data only, you may want to use the INLIS website run by the Singapore Land Authority at : www.inlis.gov.sg.

Why does URA show only 36 months of transaction information?
This service is meant to provide basic and general information on the property market rather than detailed information. URA provides a subscription based service for users who need more detailed information. The service is called the Real Estate Information System or REALIS. You can subscribe to REALIS for unlimited access throughout a year or on a daily basis. Find out more at this url: http://spring.ura.gov.sg/lad/ore/login/index.cfm.

Alternatively, if you require transaction data only, you may want to use the INLIS website run by the Singapore Land Authority at : www.inlis.gov.sg.
 
Why are there no record of sale of a property which I know has been sold?
This service provides a listing of all property transactions with caveats lodged within the last 36 months. Therefore, the property in question may have a caveat lodged more than 36 months ago or the property may have been sold without having any caveat lodged.

Why does URA not show the names of purchasers and sellers?
URA is not allowed to disclose the names of the buyer and seller. To find out buyer's and seller's names you may wish to contact the Singapore Land Authority at the following url : www.inlis.gov.sg.

Can URA show the valuation of the properties?
The valuation of properties are private information owned by the parties which commissioned the valuation reports. Thus, URA does not have such information.
 
What is the difference between condominium and apartment?
Condominium and apartments are different classifications specified in planning permissions issued by URA. You can read more about the differences at this url: http://www.ura.gov.sg/circulars/text/dcdrhb_d0e4.htm.
 
Can URA show the details of the facilities in the condominium?
URA currently does not collect such information.

Can URA show floor plans of the units?
URA currently does not collect such information. If you require building plans or floor plans of the units, you can obtain them from the Building and Construction Authority. Visit their website at www.bca.gov.sg.

What about transactions of commercial and industrial properties?
URA provides a subscription based service which provides information on commercial and industrial properties. The service is called the Real Estate Information System or REALIS. Find out more at this url: http://spring.ura.gov.sg/lad/ore/login/index.cfm.

What about the prices of HDB flats?
You can find the information from HDB by visiting the HDB website at www.hdb.gov.sg.

 

Prices of Units Sold in Private Residential Properties

How often is the information updated?
The information contained here is provided by developers and updated on every 15th of the month. If the scheduled date of update falls on a public holiday, it will be updated on the following working day.

The newly-released information will provide the public with a timely source of information on the prices of all the units sold in private residential projects. This information will also increase transparency in the property market, thereby helping both buyers and sellers make informed decisions.

Why does the data show the aggregate price rather than the transaction prices of individual units?
The transaction prices (including nett prices) of individual units sold by developers are available in our Private Residential Property Transactions e-service.

 

Rental Information for Private Residential Developments

How often is the information updated?
This information is updated on every 4th Friday of the months of January, April, July and October. If the scheduled date of update falls on a public holiday, it will be updated on the following working day.
 
Why are there no results found for my search?
It is because there is no such property type found in that postal district or street name. The Rental Information for Private Residential Developments Database covers only completed non-landed private residential developments with at least 100 units and with at least 10 rental contracts per quarter.

How can I make use of the available rental information which is expressed in $psf at URA-Online to compute the rentals per month for a private residential unit?
The rental information for non-landed properties is provided by the Inland Revenue Authority of Singapore (IRAS). The rental information for a project is expressed in 25 percentile rental ($psf per month), median rental ($psf per month) and 75 percentile rental ($psf per month). To compute the rental value of a given residential project, you need to multiply the rental information given in $psf by the floor area (Sqf) of the residential unit. For example, if the median rental for Project A is $2 psf per month and the floor area of the unit is 2000 sqf, the median rental value for Project A is $4,000 ($2 psf per month multiplied by 2,000 sqf).

Why does the data show the rental psf per month for a project rather than the rental value of individual units?
The rental information of individual units is confidential. This is unlike the data URA obtains from the caveats lodged for property sale transactions, which are public records. Therefore, URA can only provide rental information in $psf per month for non-landed properties at 25 percentile, median and 75 percentile points.

To compute the rental value of a given residential project, you need to multiply the rental information given in $psf by the floor area (Sqf) of the residential unit. For example, if the median rental for Project A is $2 psf per month and the floor area of the unit is 2000 sqf, the median rental value for Project A is $4,000 ( $2 psf per month multiplied by 2,000 sqf).

 

Private Residential Projects in the Pipeline

How often is the information updated?
This information is updated on every 4th Friday of the months of January, April, July and October. If the scheduled date of update falls on a public holiday, it will be updated on the following working day.
 
Why are there no results found for my search?
It is because there is no such property type found in that postal district or street name. Private Residential Projects in the Pipeline Database covers major uncompleted private residential projects for which Written Permission has been obtained and with at least 15 units (for landed properties) and at least 100 units (for non-landed properties).

Can I find information on completed projects?
Information on completed projects is not available here. However, you can obtain the information on recently completed private residential projects in the Real Estate Information System or REALIS. You can subscribe to REALIS for unlimited access throughout a year or on a daily basis. Find out more at this url: http://spring.ura.gov.sg/lad/ore/login/index.cfm.

 

Data Dictionary

25 Percentile Rental ($psf) per month : It refers to the rental per month (expressed in dollar per square foot) in a private residential project in which 25% of the rental contracts are at this level or lower.

75 Percentile Rental ($psf) per month : It refers to the rental per month (expressed in dollar per square foot) in a private residential project in which 75% of the rental contracts are at this level or lower.

Building Plan Approval (Private Sector Only): The approval granted by the Commissioner of Building Control in respect of building plans and specifications submitted in accordance with the prescribed building regulations in force.

Caveat: A caveat is usually lodged by the purchaser to protect his/her interest soon after an option to purchase a property is exercised or a sale/purchase agreement is signed. We use information from caveats with "Options exercised" as grounds of claim to compute our property price indices. As the lodgement of caveats is voluntary, and there is usually a time-lag of a few months from the point of purchase of a private residential unit direct from a developer to the lodgement of a caveat for that unit, the transaction database in REALIS may not reflect all the units sold directly by developers.

Core Central Region : It comprises postal districts 9, 10, 11, Downtown Core Planning Area and Sentosa. A map of Central Region showing the Core Central Region (CCR) and the Rest of Central Region (RCR) is available at: http://spring.ura.gov.sg/lad/ore/login/map_ccr.pdf

Executive Condominium: A new type of housing introduced by the government in 1995 to meet the housing aspirations of the growing number of graduates and young professionals. It is a strata-titled apartment built by the private sector and has facilities comparable to a private condominium. However, there are some restrictions attached to it in the initial years such as eligibility conditions (similar to those for HDB flats) and a minimum occupation period before the flat can be sold.

Expected Year of Final TOP: The year in which the whole project will be given the Temporary Occupation Permit. The expected TOP year is given by developers or architects. Projects with 'na' mean consent for release was not given by the developer.

Housing Developer Sale Licence: The licence that a developer has to obtain if it wishes to sell units in residential projects of more than 4 units before they are completed. This licence is issued by the Controller of Housing and is one of the pre-requisites for sale. Another pre-requisite is the approval of the building plans of the development. See Pre-Requisites for Sale.

Landed Property: This refers to detached houses, semi-detached houses, terrace houses, townhouses, strata bungalows and cluster housing.

Market Segment: The private residential property market in Singapore is divided into 3 geographical market segments, ie Core Central Region (CCR), Rest of Central Region (RCR) and Outside Central Region (OCR). A map of showing the 3 market segments is available at: http://spring.ura.gov.sg/lad/ore/login/map_ocr.pdf

Median Price Per Square Foot: For detached, semi-detached and terrace houses, the median price per square metre is computed based on their land area. For strata sub-divided properties, such as apartments, condominiums, cluster housing and townhouses, the median price per square foot is computed based on their strata floor area.

Median Rental ($psf) per month : It refers to the rental per month (expressed in dollar per square foot) achieved in a private residential project in which 50% of the rental contracts are at level or lower.

Non-Landed Property: This refers to apartments and condominium housing.

Outside Central Region : : It comprises the areas in Singapore which outside the Central Region. It comprises the East Planning Region, North East Planning Region, North Planning Region and West Planning Region. A map of Outside Central Region is available at: http://spring.ura.gov.sg/lad/ore/login/map_ocr.pdf

Pre-Requisites for Sale: The requirements that developers of residential projects must meet before they can sell their residential units; namely the Housing Developer Sale Licence and the Building Plan Approval.

Planned Developments: Projects on which construction has not started, comprising projects with planning approval or are under consideration, as well as public projects and projects on Government Land Sales sites for which plans have not been submitted to URA for planning approval.

Price: The price agreed between the purchaser and the vendor for property and land. It excludes stamp duties, agency fees, legal and other professional fees.

Provisional Permission: Provisional permission is the approval by the competent authority under section 17 of the Planning Act (Cap. 232). The competent authority may authorise the carrying out of specified preliminary works following the grant of provisional permission. Where all conditions contained in a provisional permission has been complied with during its validity, the competent authority shall grant the final permission (which is deemed to be a written permission) subject to such further conditions as he thinks fit.

Rental: The gross rent per month including service charge and Goods and Services Tax (GST).

Rest of Central Region : It comprises the area within Central Region that is outside postal districts 9, 10, 11, Downtown Core Planning Area and Sentosa. A map of Central Region showing the Core Central Region (CCR) and the Rest of Central Region (RCR) is available at: http://spring.ura.gov.sg/lad/ore/login/map_ccr.pdf

Sold: A unit is considered to be sold when the developer has given the purchaser the option to purchase upon payment of a booking fee.

Supply in the Pipeline: The supply of space in approved or planned projects which are under construction as well as those on which construction has not started yet.

Under Construction: A project is deemed to be under construction when a permit to commence building works in respect of that building is issued by the Commissioner of Building Control.

Written Permission: Written permission is the approval granted by the competent authority under section 14 of the Planning Act (Cap. 232) to authorise development of land, works within a conservation area, or subdivision of land. A written permission may be granted either unconditionally or subject to such conditions as the competent authority considers fit.

By using this eService, you will be deemed to have read and accepted these Terms and Conditions.
 
 
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