Which area has the highest rental yield?

To determine the area with the highest rental yield in Singapore, you need to consider various factors such as the type of property, its location, and the current market conditions.

For condominiums, areas with high rental yields often feature smaller, lower-quantum units that attract singles, couples, and roommates. Here are some examples:

- NEWest: Located near Clementi, this project offers high rental yields due to its lower property costs, despite not having an MRT station within walking distance. The yield can be around 5.3%.
- Parc Imperial: This project, near Haw Par Villa MRT, has small units that keep the tenant range mostly to singles, resulting in a rental yield of around 5.2%.
- Suites @ Paya Lebar: This freehold project in Paya Lebar also offers a rental yield of around 5.2% due to its smaller unit sizes.

For a more comprehensive analysis, you can use EdgeProp's tools, such as the market trends tracker and the research tool, to compare historical property data, sales volume, and rental yields across different areas and property types. These tools can help you identify areas with the highest rental yields based on the latest market data.