What are CCR, OCR, and RCR exactly? Where do these regions fit on Singapore’s district map?
The real estate sector, like Singaporeans, is a fan of acronyms. The Urban Redevelopment Authority (URA) has essentially subdivided Singapore into three “market segments,” or key regions. By entering these three abbreviations, you can now search for upcoming condo launches with ease!
Therefore, what do these acronyms mean? Singapore’s 28 districts are separated into three regions: the Core Central Region (CCR), the Rest of the Central Region (RCR), and the Outside Central Region (OCR) (OCR).
Singapore’s OCR, CCR, and RCR District Maps
The borders of these regions are anything but apparent, therefore here is a map that may be of assistance:
The remainder of Singapore outside the Central Region (OCR).
On the Singapore district map, the Outside Central Region (OCR) occupies approximately three-quarters of the city-area. state’s These are the locations of the majority of mass-market condos at lower price tiers, including executive condos (ECs).
Through the transformation of Jurong into a second central business district, the Punggol Digital District, and the Woodlands Regional Centre, the government hopes to bring high-paying jobs to the Outer Core Region.
Singapore’s postal district territory
Clementi, West Coast D5 Kembangan , Kaki Bukit D14 Telok Kurau, Siglap, Frankel D15 Upper East Coast, Bayshore, Tanah Merah, and Upper Changi Flora Drive, Changi, Singapore D17 Pasir Ris & Tampines D18 Lorong Ah Soo, Lorong 19 Punggol, Sengkang, Hougang, Kovan, Serangoon
Ang Mo Kio D20 Clementi Park, Upper Bukit Timah, Ulu Pandan D21 Jurong East, Jurong West, and Boon Lay D22 Bukit Panjang, Bukit Batok, Choa Chu Kang: Hillview D23 Sungei Gedong, Tengah, Kranji, Lim Chu Kang D24 Admiralty, Woodlands D25 Mandai, Lentor, Springleaf D26 Sembawang , Yishun D27 Seletar Hill, Sengkang West, Seletar D28
The Reserve Residences would be among the next debuts for D21 in 2022. It is a mixed-use development adjacent to the beauty world MRT station. Residents would have access to every amenity under one roof. We anticipate that the The Reserve Residences Showflat will be available for viewing in October or November of 2022.
Lentor Hills Residences in District 26 of Singapore will be launching early 2023 after the good sale of Lentor Modern. It is jointly developed by Guocoland and TID Residential. The Lentor Hills Residences Showflat will be available for viewing in Early of 2023.
Tenet EC in District 18 Tampines North is an additional interesting EC debut. It is a forthcoming EC created by Qianjian and Santarli. The Tenet EC display apartment will be available for viewing in November 2022. Stay tuned for the introduction of two OCRs.
You could refer to these locations as “suburbs,” but it would imply isolation. With great MRT access around the island, the OCR is an extremely practical and economical housing alternative for city workers. You may locate resale condos for as little as $900 per square foot.
With the exception of boutique constructions situated within landed property enclaves, private residential developments in the OCR are often larger, with condos typically comprising 300 units or more. The bulk of OCR properties are leasehold for 99 years.
OCR homes can be a wise purchase for people in the market for investment real estate. According to PropertyGuru Singapore Property Market Report Q2 2022, OCR and CCR districts dominate the list of top-performing districts by rental yield for private property types.
Due to the intense rivalry amongst projects in various OCR areas, developers are making every effort to attract consumers. Because OCR developments are larger in size and have a higher unit count, developers can afford to provide jaw-dropping facilities, which makes the projects especially appealing to young couples and millennial families.