Singapore condo rental yield: rents, costs and supply

Start with comparable rental contracts

Use recorded rental contracts from the relevant project, time period and property type. Area bands can be broad and do not identify an exact unit. Show the range, dates and sample size before selecting a rent assumption. An advertised rent and a signed rental contract are different evidence.

Keep yield definitions visible

Gross annual rental yield is twelve months of assumed rent divided by purchase price. It excludes vacancy, financing and expenses. An operating yield deducts the expenses included in the scenario; the denominator should state whether it includes acquisition costs. Neither is the same as cash left after mortgage payments.

Budget the gaps between tenancies

Include an explicit vacancy allowance, maintenance fees, repairs, property tax and relevant leasing expenses. Use actual fees where available and label estimates. Our ownership calculator shows how these inputs affect annual operating yield and monthly cash flow, without assuming the property will always be occupied.

Inspect nearby supply and the exit decision

Review the project pipeline alongside existing rental evidence. More nearby completions can affect the choices available to tenants, but supply alone does not predict the rent for a particular home. Check disposal costs and your intended holding period separately; the calculator does not forecast capital appreciation.

Put this research to work

Official sources

Official source links support the research method. They do not mean every record on those sites has been imported into Property Upside. Each property report identifies the evidence currently available.