Which area has the highest rental yield

When considering rental yields in Singapore, here are some key areas and properties that stand out:

Central Singapore

In the central regions, particularly in districts like the Downtown Core, River Valley, and Bukit Timah, some private residential properties offer notable rental yields. For example:

• Lumiere, located in the Downtown Core, has a rental yield of 5.0% and an average rent of S$6.0 per square foot.
• Skysuites@Anson, also in the Downtown Core, offers a rental yield of 3.8% and an average rent of S$7.2 per square foot.

HDB Neighbourhoods

HDB flats often provide higher rental yields compared to private condos due to their lower absolute prices. Some of the highest-yielding HDB neighbourhoods include:

• Geylang: Blocks like Block 24 Balam Road have rental yields as high as 10.1%, with the area being popular due to its proximity to MacPherson MRT Station and various amenities.
• Woodlands: Blocks such as Block 437 Woodlands Street 41 have rental yields of up to 9.3%, benefiting from being near the Singapore American School and other local amenities.

Other Areas

In other parts of Singapore, certain condos also offer high rental yields:

• NEWest: Located in the west, this condo has a rental yield of around 5.3%, although it lacks a nearby MRT station but is accessible via bus routes.
• Parc Imperial: Near Haw Par Villa MRT, this project offers high yields due to its small, low-quantum units, making it attractive for singles or couples.

These areas and properties are notable for their higher rental yields, but it's important to consider factors such as location, amenities, and market trends when evaluating potential investments.