Singapore: House Prices, Rents, and Rental Yields
Country Rating » 
In Depth
- Overview
- Price History
- Rental Yields
- Taxes and Costs
- Tax on Rent (Example)
- Buying Guide
- Landlord and Tenant
- Inheritance
- Living There
- Useful Links
- Country Statistics
Directory
Global Statistics
Regional Statistics
- Sq. M. Prices
- Rental Yields
- Rents
- Price/Rent Ratio
- Buy/Sell Costs
- Rental Income Tax
- Capital Gains Tax
- Price Change 1 yr
- Price Change 5 yrs
- Price Change 10 yrs
- Landlord & Tenant Law
- GDP Per Capita
- GDP/Cap Growth 1 yr
- GDP/Cap Growth 5 yrs
- Economic Freedom
- Ec. Freedom 5 yrs
- Competitiveness
- Property Rights Index
- Currency +/- Value
Last Updated: May 01, 2008
Slightly higher yields in Singapore at 3.5%
| Last Updated: May 01, 2008 | |||||
| CENTRE 1 - Apartments | COST (US$) | YIELD (p.a.) | PRICE/SQ.M. (US$) | ||
| TO BUY | MONTHLY RENT | TO BUY | MONTHLY RENT | ||
| 75 sq. m. | 823,200 | 2,874 | 4.19% | 10,976 | 38.32 |
| 120 sq. m. | 1,286,760 | 4,255 | 3.97% | 10,723 | 35.46 |
| 160 sq. m. | 1,917,120 | 5,158 | 3.23% | 11,982 | 32.24 |
| 225 sq. m. | 3,467,250 | 7,772 | 2.69% | 15,410 | 34.54 |
| 300 sq. m. | 5,802,900 | n.a. | n.a. | 19,343 | n.a. |
|
1 Central Area: Bishan, Bukit Timah, Holland Road, Newton, Orchard Road, River Valley Source: Global Property Guide |
|||||
Gross rental income on apartments in Singapore have increased but are still considered very poor. The average yield is at 3.52%, with smaller units getting returns only as high as 4.19%.
Apartments at the centre are still expensive, with a 120-sq. m unit selling at US$10,723 per sq. m. Prices average around US$13,686 per sq. m.
Post a comment
Subscribe to our Newsletter!
Enter your email address to sign up.
Your Comments
posted by Alan DENG | 2008-03-24
Financial Analyst, Singapore
This figure is outdated in the current market. Typically a Condo with a price tag of 1m can be rented out at about 4k/month which is about 4.8% gross yield. An HDB priced at 400k can be rented out for 2k/month which is 6% gross yield. Therefore, I think the data are dated already.