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.
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

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.