01/02/2026
🏠 HOUSING / PROPERTY TYPES (Realtor Terms)
Detached House – A standalone building not sharing walls with another property
Semi-Detached House – Two houses sharing one common wall
Terrace House (Townhouse) – Houses built in a row, sharing side walls
Bungalow – Single-storey residential building
Duplex – Two living units in one building (or two floors for one household)
Maisonette – A multi-level apartment with a private entrance
Apartment / Flat – Self-contained housing unit within a larger building
Penthouse – Luxury apartment on the top floor of a building
Studio Apartment – Open-plan apartment with combined living/sleeping area
Condominium (Condo) – Individually owned units within a shared complex
🏘️ ESTATE & RESIDENTIAL DEVELOPMENT TERMS
Gated Estate – Residential area with controlled access
Serviced Plot – Land with basic infrastructure (roads, drainage, electricity)
Unserviced Plot – Land without infrastructure
Residential Estate – Planned housing community
Mixed-Use Development – Residential + commercial property combined
Smart Home – House with automated systems (security, lighting, appliances)
Luxury Home – High-end property with premium finishes
Affordable Housing – Cost-effective homes targeted at middle/low income earners
Off-Plan Property – Property sold before construction is completed
Show House – Model home used for marketing
🧱 STRUCTURE & LAYOUT TERMS
Block of Flats – Building containing multiple apartment units
Row House – Houses aligned side by side sharing walls
High-Rise Building – Multi-storey residential tower
Low-Rise Building – Building with few floors (usually 1–4)
Courtyard House – House designed around a central open space
Loft Apartment – Open-plan apartment with high ceilings
Basement – Lower level below ground
Mezzanine – Intermediate floor between main floors
Carcass House – Partially finished structure (external works completed)
Shell House – Building structure without interior finishes
📐 LAND & OWNERSHIP TERMS
Freehold Property – Full ownership of land and building
Leasehold Property – Ownership for a specified period
Land Banking – Buying land for future appreciation
Right of Occupancy (R of O) – Legal right to use land
Certificate of Occupancy (C of O) – Legal land title document
Governor’s Consent – Approval for transfer of land ownership
Survey Plan – Document showing land boundaries
Deed of Assignment – Legal transfer of land ownership
Encumbrance-Free Land – Land without legal disputes
Title-Perfected Property – Property with complete legal documentation
💼 SALES & MARKETING TERMS (Bonus)
Turnkey Property – Fully completed and ready to move in
Buy-to-Let – Property purchased for rental income
Rental Yield – Annual rental income percentage
Capital Appreciation – Increase in property value over time
Passive Income Property – Property generating steady income
