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Real Estate Average Salaries in Singapore 2019

How much money does a person working in Real Estate make in Singapore?

9,370 SGD per month
Average Monthly Salary
A person working in Real Estate in Singapore typically earns around 9,370 SGD per month.
This is the average monthly salary including housing, transport, and other benefits.
Salaries differ drasticly between different Real Estate jobs. If you are interested in the salary of a particular job, see below for salaries for specific job titles.

Salaries for specific jobs

Job TitleAverage Salary
Acquisition Associate6,732 SGD
Assistant Leasing Manager8,976 SGD
Assistant Property Manager8,514 SGD
Brokerage7,444 SGD
Commercial Leasing Manager11,999 SGD
Commercial Real Estate Manager12,436 SGD
Community Development Manager10,449 SGD
Compliance Specialist7,033 SGD
Development Coordinator6,237 SGD
Lease Administrator8,464 SGD
Leasing Agent6,940 SGD
Leasing Consultant7,740 SGD
Leasing Manager8,944 SGD
Lettings Assistant4,917 SGD
Portfolio Analyst 10,782 SGD
Portfolio Manager11,943 SGD
Property Acquisition Agent7,407 SGD
Property and Claims Specialist8,065 SGD
Property Manager10,075 SGD
Property Operations Manager12,267 SGD
Property Tax Assistant6,562 SGD
Real Estate Administrator8,061 SGD
Real Estate Agent7,333 SGD
Real Estate Analyst9,182 SGD
Real Estate Appraiser10,228 SGD
Real Estate Assistant6,680 SGD
Real Estate Association Manager9,012 SGD
Real Estate Broker7,931 SGD
Real Estate General Manager12,745 SGD
Real Estate Project Manager10,686 SGD
Real Estate Sales Agent6,828 SGD
Real Estate Valuer9,212 SGD
Research Analyst7,101 SGD
Residential Advisor8,453 SGD
Residential Property Manager9,942 SGD
Shopping Center Manager11,929 SGD
Town Planner12,745 SGD

Real Estate Jobs Salary Distribution in Singapore

Median and salary distribution monthly Singapore Real Estate

Abount These Figures: Salary Range, Median and Percentiles

The Real Estate salaries in Singapore range between 5,133 SGD per month (minimum salary) to 14,667 SGD per month (maximum salary).

The median salary is 9,558 SGD per month, which means that half (50%) of people working in Real Estate are earning less than 9,558 SGD while the other half are earning more than 9,558 SGD. The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary.

Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of people working in Real Estate are earning less than 6,611 SGD while 75% of them are earning more than 6,611 SGD. Also from the diagram, 75% of people working in Real Estate are earning less than 12,597 SGD while 25% are earning more than 12,597 SGD.

What is the difference between the median and the average salary? What should you be looking at?

Both are indicators. If your salary is higher than both of the average and the median then you are doing very well. If your salary is lower than both, then many people are earning more than you and there is plently of room for improvement. If your wage is in between the average and median, then things can be a bit confusing. We have written a guide to explain all the different senarios. How to compare your salary

Real Estate Salary Forecast and Trend in Singapore

How do Real Estate salaries change over time? Listed below is a chart that shows the average salary in recent years.

Salary trends and forecast monthly Singapore Real Estate
Average Salary 2016    =  
8,551 SGD
Average Salary 2017    +4%  
8,867 SGD
Average Salary 2018    +3%  
9,142 SGD
Average Salary 2019    +2%  
9,370 SGD
Percentage increase and decrease are relative to the previous value
Real Estate salaries in Singapore are rising in the year 2019 based on recent submitted salaries and reports. As displayed in the chart, salaries in 2019 are 2% higher than those of 2018. The trend suggests a slow yet continous increase in pay in 2020 and future years. These numbers differ slightly from industry to another.

Real Estate Hourly Average Wage in Singapore

54 SGD per hour
Average Hourly Wage

The average hourly wage (pay per hour) in Singapore for Real Estate is 54 SGD. This means that the average person in Singapore earns approximatly 54 SGD for every worked hour.

Hourly Wage = Annual Salary ÷ ( 52 x 5 x 8 )

The hourly wage is the salary paid in one working hour. Usually jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fix amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and annual vacation allowance. The figures mentioned above are good approximation and they are considered to the be the standard.

Real Estate VS Other Jobs

Salary Comparison Between Real Estate and Real Estate monthly SingaporeWe compared Singapore salaries for Real Estate and All Jobs and we found that Real Estate salaries are 10% more than those of All Jobs.
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