Northshore bungalow rental yield

For Northshore Bungalows, which are located in Ponggol, the rental yields and rates can be broken down as follows:

- The rental rates for these bungalows vary based on the size of the property. For example, a bungalow with a size range of 3,500 to 4,000 square feet could rent for between $8,300 to $9,800 per month, translating to a rent per square foot of approximately $2.08 to $2.80.
- For larger units, such as those ranging from 4,000 to 4,500 square feet, the rental rates can be around $5,800 to $7,800 per month, which works out to about $1.29 to $2.00 per square foot.

To estimate the rental yield, you would need to consider the purchase price of the property. For instance, if a bungalow is purchased for around $4.25 million to $4.8 million, the annual rental income would be roughly $99,600 to $117,600 (based on a $9,800 monthly rent). This would result in a gross rental yield of approximately 2.3% to 2.4%, which is consistent with the general trend of rental yields in Singapore, especially for landed properties.

Keep in mind that these yields are gross and do not account for other costs such as maintenance, taxes, and agent fees, which can reduce the net yield.