Types of property in Singapore
Housing Development Board
(popularly known as HDB)
This is local housing in Singapore managed by the Housing and Development Board (HDB). The majority of the residential housing developments in Singapore are publicly governed and developed and home to approximately 78.7% of the resident population. These flats are located in housing estates which are self-contained satellite towns with well-maintained schools, supermarkets, malls, community hospitals, clinics, food courts and sports and recreational facilities. Every housing estate includes MRT stations and bus stops that link residents to other parts of the city-state. Some estates are also complemented by smaller LRT stations which act as feed service to the MRT.
An iconic landmark of local housing in Singapore. It is possible to find a 2-bedroom unit for less than SGD3000 per month. There are strict government regulations on the leasing of these properties. To ensure that the guidelines are met, the realtor must conduct the proper checks with the Housing Development Board.
Private housing
Condominiums, cluster housing and landed houses fall under this category of housing type. Most condos and cluster housing would have facilities.
Location/districts of the private housing is the main factor of the rental prices. In addition, the location of an international school, the rent tends to be higher in popular expat areas where the children might attend one of the many international schools in Singapore.
Condominiums/Condo
Clustered Houses
Landed – Terrace House
Landed – Semi D
Landed – Detached OR Bungalows
A sub-section of Detached Houses
Good Class Bungalow, or GCB, is the most luxurious type of landed residence. According to government guidelines on landed housing, GCBs must have a minimum land area (also called plot size) of 1,400sqm (15,070sqft). Built-up size is usually 10,000sqft, with space for a car porch for 3-4 cars, a swimming pool and garden. GCBs are designated within the prime residential districts 10 (for example: Nassim Road, Cluny Road), 11 (Eng Neo Avenue, Swiss Club Road) and popular districts 21 (Binjai Park) and 23 (Chestnut Avenue).
A sub-section of Black & White Houses
Serviced Apartments
(known as Corporate Housing in US)
For those who are here for shorter assignments, then a serviced apartment is usually the best option. There are located in strategic locations. Fully apartment with housekeeping and breakfast. Just move in with luggage!
