Is 1 Loft condo a good investment option?

Here is a summary of # 1 LOFT:
Street Name: Lorong 24 Geylang
District/Planning Area: D14 / Geylang
Property Type: Apartment
Developer: THE ONE DEVELOPMENT 2 PTE LTD
Tenure: Freehold
Completion: 2016
Est. Land Size: 202 sqm
Number of Units: 80 units
Bedroom Types: 1BR, 3BR
Buyer Profile by Residential Status: Singaporean 83.9%, PR 16.1%, Foreigner 0.0%, Company 0.0%
Average sale price*: $1,318 psf
Rental Yield**: 4.8%
*Based on URA sales data in the last 12 months. Otherwise, based on latest transaction
**Based on URA rental data in the last 12 months. Otherwise, based on latest transaction