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Please add the rental yield to the above table.

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To provide the rental yield for specific condo developments like The Tapestry and The Santorini, you would need to calculate it using the annual rental income and the property's current market value.
Here’s a general approach:

Rental Yield Calculation

  • Annual Rental Income: Determine the total annual rent collected from the property.
  • Property Value: Use the current market value of the property.
  • Gross Rental Yield: Divide the annual rental income by the property value and multiply by 100 to get the percentage.
For example, if a unit in The Tapestry has an annual rental income of $40,000 and its current market value is $800,000, the gross rental yield would be:
[ \text{Gross Rental Yield} = \frac{$40,000}{$800,000} \times 100 = 5% ]
For The Santorini, you would follow the same process using its specific rental income and market value.

Data from EdgeProp

You can find the necessary data, such as recent transactions and rental contracts, on EdgeProp Singapore. Here is a simplified example of what the table might look like with rental yield included:

Development Average Rental Income per Year Average Property Value Gross Rental Yield
The Tapestry $40,000 $800,000 5%
The Santorini $35,000 $700,000 5%
To get the exact figures, you can use the tools and data available on EdgeProp Singapore, such as the rental yield calculator and the latest transaction data.
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