CCR, RCR, OCR: Singapore's Market Segments

Glossary Updated
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Quick Definition
Core Central Region (CCR) covers Singapore's prime districts including Orchard, Marina Bay, and Districts 9, 10, 11.

What Does It Mean?

Core Central Region (CCR)

Core Central Region (CCR) covers Singapore's prime districts including Orchard, Marina Bay, and Districts 9, 10, 11. CCR properties command the highest prices and are popular with investors, high-net-worth individuals, and foreigners.

Rest of Central Region (RCR)

Rest of Central Region (RCR) covers areas between the prime core and the suburbs. RCR offers a balance of price, location, and accessibility. Includes areas like Queenstown, Toa Payoh, Geylang, and Bishan.

Outside Central Region (OCR)

Outside Central Region (OCR) covers Singapore's suburban areas, generally offering lower entry prices but potentially higher rental yields. OCR districts include Bedok, Tampines, Jurong, Yishun, and other suburban towns.

Key Differences

SegmentAreaCharacter
CCRDistricts 1, 2, 6, 9, 10, 11, DowntownPrime, luxury, highest PSF
RCRDistricts 3–5, 7–8, 12–15, 20Mid-tier, balanced price and access
OCRDistricts 16–19, 21–28Suburban, affordable, higher yields

Current Market Data

$2,447 psf
CCR Avg PSF (21,423 txns)
$2,043 psf
RCR Avg PSF (44,842 txns)
$1,523 psf
OCR Avg PSF (74,488 txns)

Why It Matters

Understanding market segments helps you benchmark prices correctly. A $2,000 PSF in CCR may be average, while the same PSF in OCR would be exceptional.

Where to Find This on ShiokNest

  • Property listings
  • Market charts
  • District profiles

Look for the tooltip icon next to this metric on ShiokNest for a quick reminder of its definition.

Official Sources

Property Terminology Quiz

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Frequently Asked Questions

Which districts are in CCR?
CCR covers Districts 1, 2, 6, 7, 9, 10, and 11 — including Orchard, Marina Bay, Tanglin, Bukit Timah, and Newton.
Is CCR always more expensive than OCR?
On average, yes. CCR median PSF is significantly higher. However, individual OCR condos near MRT stations can exceed some CCR properties.

This glossary article is auto-generated from ShiokNest's financial data and updated periodically. Rates and figures are current as of March 2026. Check official sources for the latest.