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Which condo can make $200k yearly?

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I'd be happy to help you find condos that can generate around S$200,000 in yearly rental income.
To identify properties that meet this target, I need a bit more information:
1. What unit size are you considering? (e.g., 1-bedroom, 2-bedroom, 3-bedroom)
2. Which district or location interests you? (e.g., Downtown Core, Newton, etc.)
3. Are you looking at sale prices or rental yields?
Based on the properties available on EdgeProp Singapore, here's how the math generally works:
- LUMIERE (Downtown Core) has a rental yield of 4.2%, with average rental prices around S$1,789 psf
- V ON SHENTON (Downtown Core) has a rental yield of 3.8%, with average prices around S$2,089 psf
For example, if you're targeting S$200,000 yearly rental income (approximately S$16,667 monthly), you'd need either:
- A larger unit in a mid-range location, or
- A premium unit in a high-rental-yield area
I recommend using EdgeProp Singapore's property search and comparison tools to:
- Filter by district and property type
- Check rental yields and transaction histories
- Compare price trends across different projects
Could you provide more details about your preferences so I can give you more specific recommendations?
Thanks for choosing EdgeProp Buddy for your query. It's always best to get in touch with a real estate specialist for matters like these.