Home > Salary > Singapore > Underwriter Commercial Real Estate
An underwriter in commercial real estate is responsible for assessing the risk and financial viability of loan applications for commercial property purchases or refinancing. They evaluate the borrower's financial statements, credit history, property appraisal, and market conditions to determine the loan amount, interest rate, and terms. Underwriters analyze the potential risks associated with the investment, such as market volatility, property value fluctuations, and borrower's ability to repay the loan. They ensure compliance with lending guidelines, regulations, and internal policies. Additionally, underwriters collaborate with loan officers, appraisers, and legal teams to gather necessary information and make informed decisions. Strong analytical skills, attention to detail, and knowledge of real estate markets are crucial for success in this role.
Estimated Yearly Salary: 196,045 SGD
Estimated Monthly Salary: 16,337 SGD
Estimated Weekly Salary: 3,770 SGD per week
Estimated Hourly Salary: 94 SGD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 15,748 SGD
Estimated Weekly Salary: 3,634 SGD per week
Estimated Hourly Salary: 91 SGD per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 97,677 USD
Estimated Monthly Salary: 8,140 USD
Estimated Weekly Salary: 1,878 USD per week
Estimated Hourly Salary: 47 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 196,045 SGD
Estimated Monthly Salary: 16,337 SGD
Estimated Weekly Salary: 3,770 SGD per week
Estimated Hourly Salary: 94 SGD per hour
By working as Underwriter Commercial Real Estate a person can save up to 5,452 USD per month or 65,421 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Singapore, see costs of living in Singapore.
Estimated Yearly Salary for Underwriter Commercial Real Estate
Last revision of data: 2025-01-04
Data as of 2025
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Underwriter Commercial Real Estate salary in Singapore
Average Yearly Salary of Underwriter Commercial Real Estate in Singapore is approximately 196,045 SGD (97,677 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Underwriter Commercial Real Estate do?
An underwriter in commercial real estate is responsible for assessing the risk and financial viability of loan applications for commercial property purchases or refinancing. They evaluate the borrower's financial statements, credit history, property appraisal, and market conditions to determine the loan amount, interest rate, and terms. Underwriters analyze the potential risks associated with the investment, such as market volatility, property value fluctuations, and borrower's ability to repay the loan. They ensure compliance with lending guidelines, regulations, and internal policies. Additionally, underwriters collaborate with loan officers, appraisers, and legal teams to gather necessary information and make informed decisions. Strong analytical skills, attention to detail, and knowledge of real estate markets are crucial for success in this role.
Skills: underwriter, commercial real estate, risk assessment, loan analysis, financial viability, compliance.
Job industry: Banking
Job industry: Banking
How much does Underwriter Commercial Real Estate make?
Salary details
How much does Underwriter Commercial Real Estate make?Estimated Yearly Salary: 196,045 SGD
Estimated Monthly Salary: 16,337 SGD
Estimated Weekly Salary: 3,770 SGD per week
Estimated Hourly Salary: 94 SGD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 188,980 SGDEstimated Monthly Salary: 15,748 SGD
Estimated Weekly Salary: 3,634 SGD per week
Estimated Hourly Salary: 91 SGD per hour
Last revision of data: 2024-01-03Underwriter Commercial Real Estate estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 97,677 USD
Estimated Monthly Salary: 8,140 USD
Estimated Weekly Salary: 1,878 USD per week
Estimated Hourly Salary: 47 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Salary comparison to National average
Singapore is a vibrant and cosmopolitan city-state located in Southeast Asia. With a population of approximately 5.7 million people, it is one of the most densely populated countries in the world. Despite its small size, measuring only 719 square kilometers, Singapore has become a global hub for trade, finance, and tourism.
Estimated national average yearly salary is 95,377 SGD (67,200 USD). Value indicated is pre-tax. Below graph shows estimated Underwriter Commercial Real Estate job salary compared to average salary in Singapore.
Comparison shows that a person working as Underwriter Commercial Real Estate in Singapore earns on average:
2.06 times the average salary (or 206% of average salary).
Estimated national average yearly salary is 95,377 SGD (67,200 USD). Value indicated is pre-tax. Below graph shows estimated Underwriter Commercial Real Estate job salary compared to average salary in Singapore.
Comparison shows that a person working as Underwriter Commercial Real Estate in Singapore earns on average:
2.06 times the average salary (or 206% of average salary).
Is Underwriter Commercial Real Estate a well paid job?
Yes, our data show that Underwriter Commercial Real Estate is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Underwriter Commercial Real Estate?
High salary for Underwriter Commercial Real Estate would be somewhere between 215,650 SGD and 284,265 SGD. However this is an estimation based on Gaussian Distribution.How much can you save working as Underwriter Commercial Real Estate in Singapore?
Living in Singapore the approximate monthly expenses are: 2,688 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 196,045 SGD
Estimated Monthly Salary: 16,337 SGD
Estimated Weekly Salary: 3,770 SGD per week
Estimated Hourly Salary: 94 SGD per hour
By working as Underwriter Commercial Real Estate a person can save up to 5,452 USD per month or 65,421 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Singapore, see costs of living in Singapore.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Malaysia, Indonesia. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Underwriter Commercial Real Estate
Malaysia is 25,918 USD
Indonesia is 15,421 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Singapore
(1,400,313 SGD per year, pre-tax.)
2. Cardiologist
(1,169,524 SGD per year, pre-tax.)
(1,129,281 SGD per year, pre-tax.)
(1,093,464 SGD per year, pre-tax.)
5. Neurosurgeon
(1,091,467 SGD per year, pre-tax.)
(1,068,249 SGD per year, pre-tax.)
7. Oncologist
(1,067,130 SGD per year, pre-tax.)
(1,066,002 SGD per year, pre-tax.)
(1,063,823 SGD per year, pre-tax.)
(1,063,241 SGD per year, pre-tax.)
Data as of 2025Random salary:
Rcm analyst (167,873 SGD per year, pre-tax.)
Optometry technician (71,063 SGD per year, pre-tax.)
Locksmith (58,150 SGD per year, pre-tax.)
Petroleum gas engineering technician (127,452 SGD per year, pre-tax.)
Consulting engineer (135,683 SGD per year, pre-tax.)
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All salary data on this website are for reference purposes exclusively. We gather data from numerous trusted sources, yet cannot ensure complete accuracy. Before making financial choices, visitors should consult external authoritative sources. Salaries change due to various influences, including negotiation skills, industry demand, and experience levels. We disclaim any responsibility for misrepresentations in the salary information provided here. Your use with this website indicates acceptance of this policy.