According to a statistic, in the Central of Singapore, Sentosa, Downtown Core, Districts 9, 10, 11 and District 8 are the addresses where have the highest rental yields. These areas are private residential properties with high-end equippmets. (This report is available with the properties that have at least 5 sales times and 5 rental transactions over 1 year.)
1. Orchard Scotts
Project name | Orchard Scotts |
Tenure | 99 years from 2001 |
District | 09 - Newton |
Rental yield | 3.7% |
Average rent PSF | $4.4 |
Property Type | Condominium |
Located at the corner of the Anthony Road and Cairnhill Road, Orchard Scotts is the most impressive condo in this area by its prime address. A short distance to Newton MRT and Orchard Road - the paradise of shopping on the Earth.
Designed by reputable architect Arquitectonia, the condo offers 387 luxurious apartments and owns a fantastic facade and the living space. With 6-star facilities and 24-hour concierge service, this is the most reliable address in Singapore where plenty of home buyers look for. The rental transaction is 55.
2. Icon
Project Name | Icon |
Tenure | Leasehold 99-years from 2002 |
District | 02 -Downtown Core |
Rental yield | 3.8% |
Average rent PSF | $5.3 |
Property Type | Apartment |
Icon Condo located along Gopeng Street, offers 646 exclusive units with full of condominium facilities such as BBQ Pits, lap pool, jacuzzi, aerobic pool, tennis court.
From the condo, just minutes walk to Tanjong Pagar MRT, right next to 100AM mall. Icon Village is available, here, the residents can enjoy a vibrant lifestyle and an interesting living that like no other. In this year, the condo has 349 rental transactions.
3. Lumiere
Project Name | Lumiere |
Tenure | Leasehold 99-years from 2006 |
District | 02 -Downtown Core |
Rental yield | 5.0% |
Average rent PSF | $6.0 |
Property Type | Apartment |
Lumiere located along Mistri Road in Downtown Core, completed in 2010, offers 168 luxurious apartments. Just minutes to Tanjong Pagar MRT, a short distance to Icon Village and Plaza.
The perfect traffic system here will connect you to various parts in this Island via AYE and Anson Road. The condo comes with communal facilities with high-quality such as BBQ pits, game room, gymnasium, a huge hall. The record of the condo until now is 167 rental transactions.
4. 8@Mount Sophia
Project name | 8@Mount Sophia |
Tenure | 103 years from 2002 |
District | 09 - Rochor |
Rental yield | 3.8% |
Average rent PSF | $4.1 |
Property Type | Condominium |
This is an only luxurious condominium near the educational centre of Singapore. There are plenty of prestigious institutions such as Nanyang Fine Arts Academy, Singapore Management University, School of Art, St Margaret's Primary School.
The condo comprises 313 unique apartments with the communal facilities, 2 mins walk to Dhoby Gaut MRT, The Cathay and Plaza Singapura are available. It has 117 rental transactions.
5.The Boutiq
Project Name | The Boutiq |
Tenure | Freehold |
District | 09 - River Valley |
Rental yield | 3.8% |
Average rent PSF | $5.0 |
Property Type | Apartment |
The Boutiq is a freehold development along Killiney Road, it comes with 2 blocks 10-storey high with a total of 130 units. The impressive facilities that the residents can experience the different feeling include swimming pool, aqua gym, ect.
From the development, it takes you just 5 minutes to Somerset MRT. Surrounded by a lot of retail and entertainment centre such as Orchard Road, Orchard Central, 313@Somerset. The rental transaction of this condo is 78.
6. Hillcrest Arcadia
Project Name | Hillcrest Arcadia |
Tenure | 99 years from 1975 |
District | 11 - Bukit Timah |
Rental yield | 3.7% |
Average rent PSF | $2.5 |
Property Type | Condominium |
Hillcrest Aradia located along Adam Road, in the heart of this peaceful region, offers 272 units with the series of modern facilities.
The condo near Cold Storage and a lot of reputable educations such as Hwa Chong Institutio, Nanyang Girl's High School, Raffles Girls' Primary School, National Junior College. It has 53 rental transaction.
7. The Clift
Project Name | The Clift |
Tenure | 99 years from 2004 |
District | 01 - Downtown Core |
Rental yield | 3.7% |
Average rent PSF | $6.1 |
Property Type | Apartment |
The Clift offers 312 exclusive units along McCallum Street in District 1. Right next to Tanjong Pagar MRT and Telok Ayer MRT.
It takes you just minutes to Amoy Street Food Centre and the numerous restaurants and street foods. 176 rental transactions are the consult of the building in the past 12 months.
8. Skysuite@Anson
Project Name | Skysuite@Anson |
Tenure | 99 years from 2008 |
District | 02 -Downtown Core |
Rental yield | 3.8% |
Average rent PSF | $7.2 |
Property Type | Apartment |
Skysuites@Anson is a residential condominium located at 8 Enggor Street, offers 360 precious apartments. Just a stone's throw away from Tanjong Pagar MRT and plenty of the business centre.
The condo brings the healthy environment for the residents, here, they can enjoy the vibrant activities at the tennis court, BBQ pits, jacuzzi, playground, dining lounge and many more. More than the last 12 months, the condo won 167 rental transactions.
Adapt from The Edge Property August 22, 2017.
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