Rest of Central Region (RCR)
(District 03 - 05, 07 - 08, 12 - 14 and District 20)
(District 03 - 05, 07 - 08, 12 - 14 and District 20)
Traditionally known as the mid-tier market, the RCR continues to be a popular area that home buyers often have their eyes on by virtue of its relative closeness to the central business district.
Popular areas include Bishan, Bukit Merah, Geylang, Kallang, Marine Parade, Queenstown and Toa Payoh. The region is seeing a number of new developments appealing to buyers in search of a greater selection of high-quality condo options in smaller sizes at lower price points than those available in the CCR but still within easy reach of the city centre and Singapore's financial district.
Many of these developments are offering units priced only marginally above units in the Outside Central Region (OCR).
Developments in the RCR are becoming increasingly popular as a rental option, as expats are picking RCR homes over those in the CCR, as they are more budget friendly compared to CCR.
As such, this is likely to translate into a larger and more active market for yield-seeking homeowners in the RCR, as expatriates look towards the mid-tier market for their accommodation needs.
District 03 – 05: South West South West will be where Alexandra, Commonwealth, Harbourfront, Telok Blangah, Buona Vista, West Coast,
Clementi New Town will form the Rest of Central Region (RCR).
Clementi New Town will form the Rest of Central Region (RCR).
District 07 - 08: Middle Road, Golden Mile and Little India
District 12 – 14 : Balestier / Geylang / Eunos
Balestier and Geylang is a district that has many shophouses and freehold properties. These two areas has many eateries popular with the locals. The Geylang area is also a red light district. These two districts form the Rest of Central Region (RCR).
District 20: Thomson, Bishan and Ang Mo Kio is at the Rest of Central Region (RCR).