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3.5% is how much rental per month for 2 Paya Lebar #xx-xx?

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To estimate the monthly rent at a 3.5% rental yield, you will need the property's current market value. For example, if your unit at 2 Paya Lebar is valued at 1,000,000 Singapore dollars, a 3.5% annual rental yield means the annual rent is 35,000 Singapore dollars. Dividing this by 12, the monthly rental would be approximately 2,917 Singapore dollars.
The formula is:
Monthly Rent = (Property Value × Rental Yield) ÷ 12
You can use EdgeProp’s free valuation tools or request a detailed estimate for a more accurate property value before calculating the exact rental yield. If you provide the estimated market value for your specific unit, I can assist with a precise monthly rental amount.
Thank you for your query with EdgeProp Buddy. As a reminder, I'm in Beta mode and it's always wise to seek counsel from a real estate professional for these types of matters.