If you are a landlord in Singapore, your aim would no doubt be to maximise your rental yield.
Especially if you took a loan for your investment property, knowing your rental yield is important when it comes to calculating if your investment is doing well.
On the other hand, if you are a tenant, you probably think that rental yields do not actually mean anything to you at all.
However, what if we told you that knowing the rental yields could be an important tip into negotiating the rent into your favour?
Got your attention?
For example, if you know the average rental yield in Singapore (between 2 to 3%) and you know how much rental yield the landlord is achieving with the property then you know how much room for negotiation you have.
If the yield is close to breakeven, and the landlord still has some ways to go to paying off his mortgage, then that might be a tough job.
But if the landlord is achieving a good yield, and you are offering to stay for a good number of years, then you might have more room for negotiation!
So with that being said, here are the top 10 condos with the highest rental yield in Singapore!
10 Condos with the Highest Rental Yield
*based on transactions in the past 12 months
|Project Name||District||No of rental contracts||Rental Yield|
|People’s Park Complex||1||83||4.6%|
|Suites @ Kovan||19||7||4.0%|
Looking for condos with the most expensive rent in Singapore? You will be shocked at some of the amounts!