Real Estate Glossary

The Real Estate Glossary is resource for for you to understand specific terms and concepts related to real estate. It's designed to help you, whether you're a professional or an individual, navigate the property market in Singapore with ease by explaining common terms used in the industry.

A

Affidavit

An affidavit is a legal document comprising a...

Annual Percentage Rate (APR) in Singapore

Arbitrage

Real estate arbitrage is an investment strategy that...

B

Balance Flats (SBF) in Singapore

BCA Accessibility Code

The Building and Construction Authority (BCA) of Singapore...

C

Capital Expenditure

Capital Expenditure, or CapEx, refers to the funds...

CDC Voucher Scheme

In the vibrant landscape of Singapore, the CDC...

Central Provident Fund (CPF)

The Central Provident Fund (CPF) is a mandatory...

Certificate of Clearance (COC) in Singapore

Compound Interest

Compound interest, a fundamental concept in finance, refers...

Covenant

A covenant in real estate refers to a...

Credit Score and Reports

In the realm of real estate in Singapore,...

D

DBA

Discover how 'Doing Business As' (DBA) serves...

Doing Business As (DBA)

Doing Business As" (DBA), known in Singapore as...

E

Estate Agent License

An Estate Agent License is a mandatory certification...

F

Fiscal Policy

Fiscal policy refers to the government's use of...

Floor Plan

A floor plan is a detailed diagram that...

Forbearance in Real Estate Financing

Forbearance is a financial relief option offered by...

Full Retirement Sum (FRS) in Singapore

The Full Retirement Sum (FRS) is a pivotal...

G

Gross Floor Area (GFA)

Gross Floor Area (GFA) is a pivotal metric...

H

Home Equity Loan

Home Protection Scheme(HPS)

The Home Protection Scheme (HPS) is a mortgage-reducing...

I

Income Tax Relief

Income Tax Relief in Singapore refers to deductions...

Inland Revenue Authority of Singapore (IRAS)

The Inland Revenue Authority of Singapore (IRAS) is...

L

Letter of Credit

In the dynamic landscape of Singapore's real estate...

Loan to Value

M

Monetary Authority of Singapore (MAS)

The Monetary Authority of Singapore (MAS) is the...

N

Net Present Value (NPV) in Singapore

Notary Public in Singapore

A Notary Public in Singapore is a legally...

O

Obsolescence

Functional obsolescence in real estate refers to a...

Offer to Purchase

An Offer to Purchase is a crucial initial...

P

Professional Indemnity Insurance

Property Tax in Singapore

In Singapore, property tax is a form of...

R

Real Estate Investment Trusts (REITs) in Singapore

Red Herring

In the context of Singapore's real estate market,...

Request for Proposal (RFP)

A Request for Proposal (RFP) is a formal...

S

Sasseur REIT

Security of Payment Act (SOPA)

In the realm of real estate, the term...

Singapore Goods and Services Tax (GST)

Singapore Interbank Offer Rate (SIBOR)

Singapore Land Authority (SLA)

The Singapore Land Authority (SLA) is a pivotal...

Strata Titles Boards (STB)

The Strata Titles Boards are quasi-judicial bodies established...

T

Total Debt Servicing Ratio (TDSR)

U

Understanding Credit Bureau Reports

A Credit Bureau Report becomes a critical document...

Understanding the Unique Entity Number (UEN) in Singapore

The UEN serves as the standard identifier for...

Underwriting

Real estate underwriting is the comprehensive process through...