A very good day to you Ms. Yin,
Based on Historical Rental data provided at https://www.squarefoot.com.sg/market-watch/rental-yield, the Mass Market segment has consistently provided higher rental return since 2008 due to government initiatives to develop these areas.
The Top 10 Condominium Projects with Highest Rental Yield are as following:
*Based on transactions in the last 6 months, exclude projects with fewer than 3 transactions
*Figures in bracket denote Average PSF
1. D14 The Alcove ($753) 5%
2. D5 Vista Park ($873) 4.9%
3. D2 Icon ($1,716) 4.7%
4. D16 Aquarius By The Park ($826) 4.5%
5. D10 Glentrees ($1,278) 4.5%
6. D27 Euphony Gardens ($700) 4.5%
7. D18 Tampines Court ($559) 4.5%
8. D27 Orchid Park Condominium ($737) 4.4%
9. D4 Carribbean At Keppel Bay ($1,538) 4.3%
10. D3 River Place ($1,327) 4.3%
The above data concluded some of the following:
1. There are many projects in different districts with affordable/lower pricing that gives out equally good rental yield, so you may not have to buy the most expensive property to get good rental yield.
2. All projects listed above are 99 or 101 Years Leasehold, except for Glentrees 999 Years from 1885 (Completion 2005)
3. All projects listed above were completed before 2007
All that said, there are potentially high capital appreciation from buying newly launched projects directly from developers and they may also equally provide good rental yield if there are government initiatives to develop the surrounding areas of which we have to explore individually in more details.
Please feel free to contact me at any time to your convenience to discuss further your requirements and select your ideal home together.
Thank you and Warm Regards,
Karrien N. Chan
CEA Reg. No.: R052532H
Mobile:
82250212
Email: karrien.realty@yahoo.com
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