So which district in Singapore provides the best rental returns?

By The Folks @PropTalk - August 31, 2015 No Comments

According to data compiled by property research portal Square Foot Research based on transactions over the past 6 months, district 18 in the east - meaning areas around Pasir Ris, Tampines and Simei - have the largest number of private non-landed homes in Singapore with high rental returns.  

The rental returns of developments such as Tampines Trillant, Tampines Court, Simei Green, The Eden, Melville Park, Savannah, Eastpoint Green and Changi Rise is more than 4%.

Research also indicates that many condos in the western part of Singapore (district 5) such as Pasir Panjang and Clementi can also command rental returns that exceed 4%. These include West Bay Condominium, Faber Crest, Vista Park, Park West, Dover Parkview and Heritage View.

Next up is district 3, which are areas around Queenstown/Tiong Bahru (Mera Prime, Emerald Park, Domain 21, River Place and Queens) and district 19, which comprise of Serangoon Gardens, Hougang and Punggol (Compass Heights, Rivervale Crest, The Florida, Sunglade and Regentville). 

On the other hand, condos in the prime districts 9, 10, 15 and 21are attracting far lower rental returns. Developments that are popular with investors such as Marina Bay Suites currently command rental returns of just 2.2%, while the returns at Ardmore Park and St Regis Residences are 2.3% and 2.6% respectively.




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