Average Director of Real Estate Salary in Singapore for 2024

In this article, we will look at the average Director of Real Estate salary for 2024 in Singapore and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the Singapore dollar. To keep things simple, we are using the SGD currency code instead of the currency symbol $.

How Much Does a Director of Real Estate Make in Singapore?

A Director of Real Estate working in Singapore will typically earn around 187,300 SGD per year, and this can range from the lowest average salary of about 94,800 SGD to the highest average salary of 288,700 SGD.

Average Annual Salary
187,300 SGD
Average Monthly Salary
15,608 SGD

Lowest Annual Salary
94,800 SGD
Lowest Monthly Salary
7,900 SGD

Highest Annual Salary
288,700 SGD
Highest Monthly Salary
24,058 SGD

These are average salaries for a Director of Real Estate in Singapore and include benefits such as housing and transport. It's also possible for a Director of Real Estate to earn more or less than the average salaries shown above.

Director of Real Estate salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Director of Real Estate Salaries in Singapore

So we've looked at the average salaries a Director of Real Estate will earn in Singapore. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Director of Real Estate can earn between 94,800 SGD and 288,700 SGD on average in Singapore. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for a Director of Real Estate in Singapore is 187,300 SGD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 187,300 SGD, and 50% of the population earn more than 187,300 SGD.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Director of Real Estate salary in Singapore, 25% of the population are earning less than 127,700 SGD while 75% of the population earn more than 127,700 SGD.

75% of the population earn less than 238,900 SGD, and 25% of the population earn more than 238,900 SGD.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

The difference between a median and an average salary

The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.

  • If your salary is higher than the average and the median salary, you are earning well compared to others.
  • If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
  • If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.

Director of Real Estate Salary by Experience Level in Singapore

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average director of real estate salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

  • 0 - 2 Years Experience. A Director of Real Estate in Singapore that has less than two years of experience can expect to earn somewhere in the region of 111,000 SGD.
  • 2 - 5 Years Experience. With two to five years of experience the average Director of Real Estate salary would increase to 150,000 SGD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Director of Real Estate, the average salary would be 197,600 SGD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 239,000 SGD.
  • 15 - 20 Years Experience. A Director of Real Estate with 15 to 20 years of experience can earn an average of 254,800 SGD.
  • 20+ Years Experience. For a Director of Real Estate with more than 20 years, the expected average salary increases to 273,000 SGD.

Average Salary by Experience Chart

0-2 Years
111,000 SGD
2-5 Years +32%
150,000 SGD
5-10 Years +34%
197,600 SGD
10-15 Years +19%
239,000 SGD
15-20 Years +8%
254,800 SGD
20+ Years +7%
273,000 SGD

Director of Real Estate Salary by Education Level in Singapore

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for a Director of Real Estate in Singapore based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • High School. A Director of Real Estate in Singapore with a high school education can earn an average salary of 138,800 SGD.

  • Certificate or Diploma. A Director of Real Estate in Singapore with a certificate or diploma education can earn an average salary of 159,500 SGD.

  • Bachelor's Degree. A Director of Real Estate in Singapore with a bachelor's degree education can earn an average salary of 216,800 SGD.

  • Master's Degree. A Director of Real Estate in Singapore with a master's degree education can earn an average salary of 273,000 SGD.

Average Salary by Education Chart

High School
138,800 SGD
Certificate or Diploma +14%
159,500 SGD
Bachelor's Degree +36%
216,800 SGD
Master's Degree +26%
273,000 SGD

How Much is a Master's Degree or MBA Program?

The approximate cost of a master's degree or post-graduate program like an MBA in Singapore is around 42,200 to 127,000 SGD and takes two years to complete.

As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.

It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.

Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.

Director of Real Estate Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In Singapore, a male director of real estate will earn an average of 192,000 SGD, while a female director of real estate will earn around 183,600 SGD.

This means that a male director of real estate earns approximately 5% more than a female director of real estate for performing the same job.

Average Salary by Gender Chart in Singapore

Male
192,000 SGD
Female -5%
183,600 SGD

Director of Real Estate Average Pay Raise in Singapore

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for a Director of Real Estate in Singapore is around 13% every 17 months.

The national average pay raise across all professions and industries in Singapore is around 9% every 15 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 13 ÷ 17 ) × 12  = 9%

What this means is that a Director of Real Estate in Singapore can expect to receive an average pay raise of around 9% every 12 months.

Annual Pay Raise by Industry in Singapore for 2024

In the chart below, you can see the average annual pay raise percentages for each of the major industries in Singapore.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking
7%
Energy
5%
Information Technology
3%
Healthcare
1%
Travel
8%
Construction
6%
Education
4%

Director of Real Estate Bonus and Incentive Rates in Singapore

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

A Director of Real Estate is a moderate bonus based job, with 58% of employees reporting at least one bonus in the last 12 months.

42% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 3% to 6%.

Received Bonus
58%
No Bonus
42%

What are the Types of Bonus?

There are a number of difference types of bonus you can receive in a job. Including:

  • Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
  • Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
  • Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
  • Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in Singapore earn approximately 5% more than private sector employees in the same role.

Public Sector
103,440 SGD
Private Sector -5%
98,540 SGD

Salaries for Jobs Similar to a Director of Real Estate

In the table below, we have salary information for jobs that are similar to a Director of Real Estate in Singapore.

Job Title Category Salary
Acquisition Associate Real Estate 80,060 SGD
Assistant Leasing Manager Real Estate 106,960 SGD
Assistant Property Manager Real Estate 102,720 SGD
Brokerage Real Estate 79,120 SGD
Brokerage Clerk Real Estate 45,060 SGD
Commercial Leasing Manager Real Estate 159,400 SGD
Commercial Real Estate Manager Real Estate 167,100 SGD
Community Development Manager Real Estate 148,300 SGD
Compliance Specialist Real Estate 73,980 SGD
Development Coordinator Real Estate 73,980 SGD
Lease Administrator Real Estate 102,020 SGD
Leasing Agent Real Estate 84,780 SGD
Leasing Consultant Real Estate 93,280 SGD
Leasing Manager Real Estate 107,380 SGD
Lettings Assistant Real Estate 42,040 SGD
Portfolio Analyst Real Estate 139,100 SGD
Portfolio Manager Real Estate 189,300 SGD
Property Acquisition Agent Real Estate 72,360 SGD
Property and Claims Specialist Real Estate 95,720 SGD
Property Manager Real Estate 119,900 SGD
Property Operations Manager Real Estate 172,200 SGD
Property Tax Assistant Real Estate 78,620 SGD
Real Estate Administrator Real Estate 90,900 SGD
Real Estate Agent Real Estate 87,060 SGD
Real Estate Analyst Real Estate 109,460 SGD
Real Estate Appraiser Real Estate 86,460 SGD
Real Estate Appraiser Real Estate 87,020 SGD
Real Estate Appraiser Real Estate 89,120 SGD
Real Estate Assistant Real Estate 78,260 SGD
Real Estate Association Manager Real Estate 108,320 SGD
Real Estate Broker Real Estate 81,180 SGD
Real Estate General Manager Real Estate 169,000 SGD
Real Estate Project Director Real Estate 157,600 SGD
Real Estate Project Manager Real Estate 152,100 SGD
Real Estate Sales Agent Real Estate 82,160 SGD
Real Estate Valuer Real Estate 87,040 SGD
Research Analyst Real Estate 70,880 SGD
Residential Advisor Real Estate 103,200 SGD
Residential Property Manager Real Estate 119,080 SGD
Shopping Center Manager Real Estate 176,800 SGD
Town Planner Real Estate 172,400 SGD

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