Insights Investment guide

Best condos for rental yield in Singapore

Rental yield is the first filter, not the final decision. A project can look attractive when rent is strong relative to sale price, but you still need to check transaction depth, rent stability, tenure, unit mix and the real costs of ownership.

Data is for research and comparison only.
Projects screened 12 Projects with both rent and sale evidence
Top gross yield 7.25% Binjai Park
Use with Net costs Gross yield is only the first filter

Start with gross yield, then slow down

Gross yield is useful because it gets you from a long project list to a shorter watchlist. The rough check is annual rent divided by purchase price.

The problem is that gross yield ignores vacancy, maintenance, tax, financing cost, repairs, furnishing and resale risk. Use it to shortlist, then run the rental yield calculator with realistic owner costs.

What to make of this

This investment read is a shortlist tool, not a buy signal. The main anchors here are projects screened 12 (Projects with both rent and sale evidence) and top gross yield 7.25% (Binjai Park). Strong rent only matters if the entry price, tenure, sale depth and holding costs still make sense after the first excitement wears off.

Binjai Park in D21 / Upper Bukit Timah, Clementi Park, Ulu Pandan is the first row I would open, with gross yield 7.25% and median rent $12,500. I would open the top projects, check whether rent depth and sale depth both exist, then run the yield calculator with boring assumptions. Boring assumptions are where bad deals show themselves.

What I would check next

I would open the project page, check rental depth and sale depth, then run the yield calculator with conservative costs. A yield that only works under perfect assumptions is not really a strong yield.

The part people skip is exit risk. If sale activity is thin, the income may look fine today while the future resale path stays unclear.

Why project-level evidence matters

A district can look attractive while one project inside it behaves very differently. For yield, the cleanest starting point is a project with enough rental depth and enough sale depth.

When a project has very few sales, the yield can swing around too easily because one unusual transaction changes the denominator.

What to open next

Open the project page and check rent by area band, sale PSF trends, recent transaction volume and tenure. If rent is strong but sale volume is thin, treat the yield as a clue rather than proof.

For buyers, the best yield project is not automatically the best purchase. You still need a fair entry price and a clean exit story.

Strong gross yield signals

Ranked by median rent relative to median sale price, with minimum rent and sale depth filters.

01 Binjai Park D21 / Upper Bukit Timah, Clementi Park, Ulu Pandan 7.25% Gross yield $12,500 Median rent $2,068,000 Median sale 94 Transactions 02 Woodgrove Estate D25 / Kranji, Woodgrove 6.84% Gross yield $12,600 Median rent $2,210,000 Median sale 96 Transactions 03 Draycott Eight D10 / Ardmore, Bukit Timah, Holland Road, Tanglin 6.55% Gross yield $16,500 Median rent $3,025,000 Median sale 263 Transactions 04 Fuyong Estate D23 / Hillview, Dairy Farm, Bukit Panjang, Choa Chu Kang 5.94% Gross yield $4,800 Median rent $969,000 Median sale 70 Transactions 05 Central Imperial D14 / Geylang, Eunos 5.76% Gross yield $3,500 Median rent $729,490 Median sale 153 Transactions 06 The Hillford D21 / Upper Bukit Timah, Clementi Park, Ulu Pandan 5.60% Gross yield $2,750 Median rent $588,888 Median sale 584 Transactions 07 Treasures @ G20 D14 / Geylang, Eunos 5.36% Gross yield $2,400 Median rent $537,500 Median sale 88 Transactions 08 # 1 Suites D14 / Geylang, Eunos 5.35% Gross yield $3,200 Median rent $718,000 Median sale 164 Transactions 09 Parc Somme D08 / Little India 5.33% Gross yield $2,900 Median rent $653,000 Median sale 85 Transactions 10 Royce Residences D14 / Geylang, Eunos 5.29% Gross yield $2,700 Median rent $613,000 Median sale 98 Transactions 11 Hougang Green D19 / Serangoon Garden, Hougang, Punggol 5.28% Gross yield $3,650 Median rent $830,000 Median sale 95 Transactions 12 Thomson V One D20 / Bishan, Ang Mo Kio 5.23% Gross yield $3,050 Median rent $700,000 Median sale 37 Transactions

Quick answers

Short answers based on the current data view.

Is gross yield enough to choose a condo?

No. Gross yield is a quick screen. Net yield, vacancy, financing, upkeep, tenure and resale risk matter before you buy.

Why use median rent and median sale price?

Median values reduce the chance that one unusually large unit or premium sale dominates the comparison.

Can a high-yield condo still be risky?

Yes. Thin sale volume, ageing condition, weak resale demand or high upkeep can make a high gross yield less attractive.