Defining the regions
The Core Central Region (CCR) covers Districts 9, 10, 11, Downtown Core and Sentosa. The Outside Central Region (OCR) covers everything else — Jurong, Woodlands, Tampines, Sengkang and more.
Price quantum vs price per square foot
OCR new launches typically trade at $1,800–$2,400 psf, while CCR projects command $2,800–$4,000 psf. However, OCR units tend to be larger, meaning total quantum differences are significant.
Rental yield comparison
OCR properties generally deliver higher gross rental yields of 3.5–4.5%, compared to 2.5–3.5% in the CCR. However, CCR properties attract a more international tenant pool, providing some resilience during downturns.
Our take
For HDB upgraders and first-time private property buyers, OCR new launches offer better entry-level quantum and stronger rental demand relative to price. CCR suits investors with a longer horizon and higher capital outlay.