High rental yield more than 4.5%

To achieve high rental yields of more than 4.5% in Singapore, several factors are crucial:

Unit Size

Units ranging between 500 to 599 square feet, often referred to as shoebox units, have been observed to deliver some of the highest rental yields. These smaller units are typically more attractive to renters due to their affordability and efficiency, which can lead to higher demand and better yields.

Location

Properties located near key amenities such as MRT stations, schools, and other essential services tend to command higher rental yields. Proximity to these amenities enhances the property's appeal to potential renters, thereby increasing its rental income potential.

Market Demand

Areas with high demand and limited supply often see higher rental yields. For instance, properties in central or highly sought-after districts may offer better yields due to their prime locations and strong tenant demand.

Property Type

Apartments and condominiums, especially those in well-managed developments with desirable facilities, can offer attractive rental yields. These properties often appeal to a broader range of renters, including expatriates and locals, which can drive up rental income.

Using advanced tools such as EdgeProp's rental yield filters and the Edge Fair Value tool can help you identify properties that are likely to generate high rental yields. These tools provide valuable insights into market trends, historical price data, and property valuations, enabling you to make informed decisions.