Understanding the different regions in Singapore
It is quite common to hear analysts talking about CCR, OCR, RCR during their regular news update on property. You may be wondering what the acronyms are about? What do the initials stand for? Why are they important? The acronyms are referring to the three different regions drawn up on map of Singapore.
Singapore is classified into three broad regions. There is Core Central Region (CCR) – orange-colored area, the Rest of Central Region (RCR) – grey-colored area and the Outside Central Region (RCR) – white-colored area. Kindly refer to the map below.
Core Central Region (CCR)
– CCR consists of real estate in the postal District 9, 10, 11, Downtown Core and Sentosa.
Rest of Central Region (RCR)
– The area within the Central Region but outside postal district 9, 10, 11, Downtown Core and Sentosa (the Core Centtral Region)
Outside Central Region (OCR)
– The remaining 16 district in the 4 regions such as the West, East, North and North-East Regions.
The postal district numbers are derived from the first two digits of postal codes in Singapore. You can read more about district code numbers from our previous articles.
On the map below, we zoom in to the Central Region.
We have just briefly explain the 3 different regions in Singapore. They are usually being referred to whenever there are discussion on property prices, market trends in real estates and the impact on housing situation in Singapore.
In our future articles, we will discuss in more details the significance of each region and the situation on property prices in those regions. If you have any questions, please feel free drop us a note.