Paper 1

Real Estate Market

Market analysis, trends, valuation principles

51 practice questions available in the app

Study Guide

Real Estate Market is part of Paper 1 — Real Estate Agency of the RES examination. This topic covers market analysis, trends, valuation principles.

Key facts

  • Part of Paper 1 (Law of contract, agency, property, land registration)
  • 51 practice questions in the app
  • Multiple choice format — 4 options per question
  • Must score 75% or higher on Paper 1 to pass

Use the sample questions below to test your understanding. For comprehensive practice with all 51 questions, progress tracking, and timed exam simulation, download the Prepare app.

Try Sample Questions

Test your knowledge with 5 free questions from this topic.

Question 1 of 5

Which of the following statements BEST describes the relationship between Government Land Sales (GLS) and the overall Singapore real estate market?

Frequently Asked Questions

What valuation methods should I know for the RES exam?
The three main valuation methods are: (1) Comparison Method — comparing similar property sales, (2) Income/Investment Method — capitalising rental income, and (3) Cost Method — replacement cost minus depreciation. The Comparison Method is most commonly used for residential properties in Singapore.
What factors affect property values in Singapore?
Key factors include location (proximity to MRT, schools, amenities), lease tenure (freehold vs 99-year), floor level and facing, development age and condition, government cooling measures (ABSD, TDSR, LTV limits), and macroeconomic conditions like interest rates and economic growth.
Is Real Estate Market a heavily tested RES exam topic?
Real Estate Market has approximately 51 practice questions, making it a smaller Paper 1 topic. However, understanding market fundamentals and valuation principles is essential for real estate practice and is often tested through scenario-based questions.

Study Resources for Real Estate Market

Topic Explainer8 min read

Private Property Types in Singapore: Condo, EC, Landed Explained

Guide to private property types — condominiums, ECs, landed (terrace, semi-D, bungalow, GCB), strata landed. Eligibility, restrictions, and exam relevance.

24 March 2026

Topic Explainer7 min read

URA Master Plan: What Property Agents Need to Know

The URA Master Plan explained for agents — zoning, plot ratios, development guides, and how to use planning data to advise clients and answer exam questions.

24 March 2026

Topic Explainer8 min read

Rental Yield and ROI: How to Calculate for the RES Exam

Calculate gross yield, net yield, and ROI for investment properties. Formulas, worked examples, and how these calculations appear in the RES exam.

23 March 2026

Topic Explainer8 min read

Singapore Property Market Guide for RES Exam Candidates

Essential property market knowledge for the RES exam and your career. Property types, market cycles, government policies, and key indicators every agent must know.

22 March 2026

Practice all 51 Real Estate Market questions

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