You wouldn't own a Singapore condominium for rental yields!
| Last Updated: June 15, 2019 | |||||
| CORE CENTRAL REGION SINGAPORE | COST (US$) | YIELD (p.a.) | PRICE/SQ.M. (US$) | ||
| TO BUY | MONTHLY RENT | TO BUY | MONTHLY RENT | ||
| 40 sq. m. | 700,960 | 1,761 | 3.02% | 17,524 | 44.03 |
| 75 sq. m. | 1,168,650 | 3,192 | 3.28% | 15,582 | 42.56 |
| 120 sq. m. | 1,724,760 | 4,736 | 3.30% | 14,373 | 39.47 |
| 200 sq. m. | 3,196,000 | n.a. | n.a. | 15,980 | n.a. |
| 350 sq. m. | 5,880,350 | n.a. | n.a. | 16,801 | n.a. |
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All yields are gross - i.e., before taxes, repair costs, ground rents, estate agents fees, and any other costs. Net yields (what you´ll really earn) are typically around 1.5% to 2% lower. Districts researched : Districts 7, 9, 10 and 11 Source: Global Property Guide Definitions: Data FAQ See also: Update Schedule |
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Singapore is a safe haven, it is a liquid market, everyone in Asia knows and trusts its institutions. Low interest rates have played their part in pushing property prices up, despite the efforts of the ever-vigilant Monetary Authority of Singapore and the government. Property in Singapore commands a premium, and conversely returns to owners who rent out their properties are low.
Nobody can say that condos in Singapore are cheap, at around US$14,000 - US$18,000 per square metre (sq. m.). That´s because there´s a ´global city´ premium. Gross rental yields in Singapore remain poor, at around 3.0%.
Round trip transaction costs are very low in Singapore. See our Property transaction costs analysis for Singapore and Property transaction costs in Japan, compared to the rest of Asia.
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