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Real Estate > Lesson 12 > Flashcards

Lesson 12 Flashcards

1
Q

What are the three geographical market segments for private residential properties in Singapore?

A
  1. Core Central Region (CCR)
  2. Rest of Central Region (RCR)
  3. Outside Central Region (OCR)
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2
Q

What types of properties fall under the Non-landed property segment?

A

Non-landed properties refer to apartments and condominiums.

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3
Q

What types of properties are considered landed property?

A

Landed properties include detached houses, semi-detached houses, terrace houses, townhouses, strata bungalows, and cluster housing.

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4
Q

What are the two key indexes used for tracking property prices and rentals?

A

A) Property Price Index
B) Rental Index

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5
Q

What information is included in Launches and Take-up data?

A

The number of private housing units launched and sold by developers, excluding Executive Condominiums (ECs).

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6
Q

What does the Resales and Sub-sales data cover?

A

The number of resale and sub-sale transactions for private residential units, also excluding ECs.

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7
Q

What information about Supply in the Pipeline is tracked?

A

The pipeline supply of private residential units and ECs by expected year of completion.

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8
Q

What does the Stocks and Vacancy data indicate?

A

It shows the stock and vacancy rates of private residential units, excluding ECs.

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9
Q

When are rental contracts updated?

A

Rental contracts are updated monthly on the 15th of each month.

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10
Q

How often is the median rental for private non-landed residential properties updated?

A

It is updated quarterly on the 4th Friday of January, April, July, and October.

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11
Q

What sales information is updated by developers?

A

It includes prices of units sold, along with the number of units launched, sold, and unsold for each development, updated on the 15th of the following month.

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12
Q

How frequently is data about property transactions with lodged caveats updated?

A

This data is updated every Tuesday and Friday for transactions lodged within the last 36 months.

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13
Q

What details are provided about projects in the pipeline?

A

Information includes the name of the developer, the number of units, and the expected year of completion, dated quarterly on the 4th Friday of January, April, July, and October.

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14
Q

How does URA categorize commercial properties?

A

URA categorizes commercial properties as Offices and Retail Spaces.

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15
Q

What information does the Property Price Index provide for commercial properties?

A

It provides data on the prices of office and retail spaces.

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16
Q

What does the Rental Index indicate for commercial properties?

A

It indicates rental rates for office and retail spaces.

17
Q

What is included in the Supply in the Pipeline for commercial properties?

A

It includes the anticipated supply of office and retail spaces that are planned or under construction.

18
Q

What does Stocks and Vacancy data provide for commercial properties?

A

It provides information on the current stock and vacancy rates of office and retail spaces available in the market.

19
Q

What is prohibited regarding the strata subdivision of commercial properties?

A

Strata subdivision of commercial properties located in prominent areas will not be allowed.

20
Q

Name a prominent area where strata subdivision of commercial properties is restricted.

A

Orchard Road

21
Q

List a few other locations where strata subdivision is not permitted.

A

Tanglin Road
Scotts Road
Shenton Way
Robinson Road
Anson Road
Raffles Quay (facing Raffles Place Park and along the Singapore River)

22
Q

What types of developments are restricted from strata subdivision?

A

Developments in close proximity to key landmarks of national significance.

23
Q

Why is strata subdivision of commercial properties restricted in prominent areas?

A

Strata subdivided developments tend to face challenges in maintenance and upkeep due to their fragmented ownership.

24
Q

What are the 4 types of JTC Industrial Lands?

A
  1. Specialised Industrial Parks
  2. Business Parks
  3. Land for General Industries
  4. Land for Food Industries
25
Q

What are the 3 types of JTC Industrial Property?

A
  1. Ready Built Space
  2. Office Space @ JTC Summit
  3. Startup Space
26
Q

Why is a 100-meter buffer zone implemented around food zones in industrial areas?

A

To prevent hazardous and pollutive industries from operating nearby and to protect food safety by avoiding potential cross-contamination.

27
Q

What is the duration of tenancy for standard factories in JTC’s ready-built space initiative?

A

3 years tenancy, first come first serve for immediate units.

28
Q

What characterizes flatted factories?

A

They are high-rise, multi-tenanted developments that include common facilities such as passenger lifts, cargo lifts, and loading/unloading bays.

29
Q

What are terrace workshops designed for?

A

They cater to small businesses and are low-rise, single-story units with a tenancy of up to 3+3 years.

30
Q

What is Start Up Space in the context of JTC properties?

A

It is designated space for new start-up companies to support their development and growth, requiring specific eligibility criteria.

31
Q

What criteria must startups meet to qualify for Start Up Space?

A

They must be Singapore-based, incorporated for no more than 5 years, not a subsidiary of an established company, and comply with URA industrial usage guidelines.

32
Q

What are incubators in the context of JTC’s LaunchPad?

A

Incubators are companies with clear development programs to nurture start-ups and strong networks to enhance the LaunchPad community’s vibrancy.

33
Q

Max amount of space that startups can apply for

A

100m^2

34
Q

What are some categories of conservation areas?

A
  1. Historic districts
  2. Residential historic districts
  3. Secondary settlements
  4. Heritage structures
  5. Good Class Bungalows (GCBs)

Real Estate (19 decks)

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