Singapore

Financial Overview

Property Search

Global Statistics

House Prices

Regional Statistics

May 23, 2012

Singapore's rental yields are worryingly low

			Last Updated: May 23, 2012
SINGAPORE CENTRE CONDOS	COST (US$)		YIELD (p.a.)	PRICE/SQ.M. (US$)
SINGAPORE CENTRE CONDOS	TO BUY	MONTHLY RENT	YIELD (p.a.)	TO BUY	MONTHLY RENT
75 sq. m.	1,306,425	3,279	3.01%	17,419	43.72
120 sq. m.	1,962,000	4,817	2.95%	16,350	40.14
175 sq. m.	3,218,425	7,168	2.67%	18,391	40.96
300 sq. m.	5,577,000	11,988	2.58%	18,590	39.96
Holland Road, River Valley Road, Orchard Road, and Tanglin Road Source: Global Property Guide Definitions: Data FAQ See also: Update Schedule

Apartments in Singapore’s Core Central Region have experienced slight price-rises over the past year, with prices increasing by 2% during the year to Q1 2012, according to Singapore’s Urban Redevelopment Authority (URA).

This is in line with Global Property Guide’s latest survey. We found apartment prices had increased by around 1.4% in US$ terms between May 2011 and May 2012 – but then the Singaporean Dollar has fallen by around 2% against the US$ in the same period.

Rents have also increased by around 2% during the year to Q1 2012, according to URA. This increase is also in line with what we found, only we observed around 0.8% increase in the average rents per sq. m.

Gross rental yields in Singapore however remain very poor, ranging from 2.58% to 3.01%.

Singapore - more data and information

Comments

Be the first to comment on this article!

Login or Register to submit a comment!

In order to promote open and spam-free conversations, Global Property Guide moderates commetns on all articles. You can expect that your comment will be published within 24 hours.