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Old 19-05-2019, 07:20 AM   #9
PostCountWarrior[+1]
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I rem a few years ago, propertyguru was writing a review about an EC i was interested in. they were really detailed, and wrote like current rent in area, expected rent etc. so long story short, they said rental yield could be around 3.5% plus, which at that time psf was around 750.

now I looked at those reports. they completely taken them out. which i suspect is because its really low and not good for marketing. assuming rental never change, a yield at 3.5% for 750 psf is 2.18% for 1200 psf and 2.4% for 1100 psf. Current mortgage rate assume a conservative HDB loan rate of 2.6% means rental <mortgage. so buyers just beware.
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