What are the areas with the highest rental yield?

When looking for areas with the highest rental yields in Singapore, here are some key points to consider:

Central Singapore

In the central regions, particularly in districts such as the Downtown Core, River Valley, and Bukit Timah, several properties stand out for their high rental yields.

• Lumiere, located in the Downtown Core, offers a rental yield of 5.0% and an average rent of $6.0 per square foot. Its proximity to Tanjong Pagar MRT station and various amenities makes it highly attractive.
• Skysuites@Anson, also in the Downtown Core, has a rental yield of 3.8% and an average rent of $7.2 per square foot. It is close to Tanjong Pagar MRT station and features extensive facilities.
• The Clift, in the Downtown Core, offers a rental yield of 3.7% and an average rent of $6.1 per square foot. Its location near Amoy Street Food Centre and other dining options is a significant draw.

HDB Areas

HDB flats often provide higher rental yields compared to private condos due to their lower absolute prices.

• Geylang is a notable area, with Block 24 Balam Road offering a rental yield of 10.1% for three-room flats. This area is popular due to its proximity to MacPherson MRT station and various amenities.
• Woodlands also has high-yielding HDB blocks, such as Block 437 Woodlands Street 41, with a rental yield of 9.3% for four-room flats. This area is close to the Singapore American School and other lifestyle amenities.

Other Condo Projects

Some condo projects outside the central areas also offer high rental yields.

• Parc Imperial, though not in the central region, has a high yield due to its small and low-quantum units. It is located near Haw Par Villa MRT station and offers a yield of around 5.2%.
• Suites @ Paya Lebar and Nottinghill Suites are other examples of condos with high rental yields, around 5.2% and 5.1% respectively, due to their freehold status and relatively low unit prices.

These areas and properties are highlighted for their strong rental yield performance, making them attractive options for investors looking to maximize their rental income in the Singapore real estate market.