For: InvestorsHDB upgraders
Source: URA REALIS
TL;DR
NORTHWAVE rental yield in D25 (Outside Central Region). Gross yield: 3.4%. Avg rent: $3,581/mo.
Key Takeaways
- Gross rental yield: 3.4% (Moderate)
- Average monthly rent: $3,581/mo
- Average sale price: $1,253,104
- OCR · D25 · 99 yrs lease commencing from 2015 · 358 units
Yield Overview
The gross rental yield for NORTHWAVE is calculated as (annual rent ÷ sale price) × 100. Based on avg rent of $3,581/mo and avg price of $1,253,104, the estimated gross yield is 3.4%.
Bedroom-Specific Yields
Rental yields vary by unit type. Smaller units typically offer higher yields.
| Unit Type | Avg Rent | Avg Price | Gross Yield |
|---|---|---|---|
| 2 BR | $3,136/mo | $1,006,559 | 3.7% |
| 3 BR | $3,881/mo | $1,318,840 | 3.5% |
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Rental Trend
Yearly average rental rates for NORTHWAVE:
| Year | Leases | Avg Rent | YoY Change |
|---|---|---|---|
| 2022 | 3 | $2,933/mo | — |
| 2024 | 16 | $3,497/mo | ↑ 19.2% |
| 2025 | 30 | $3,605/mo | ↑ 3.1% |
| 2026 | 13 | $3,777/mo | ↑ 4.8% |
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Investment Assessment
ℹ Moderate Yield
At 3.4%, NORTHWAVE offers a moderate yield in line with market averages.
Note: Gross yield does not account for maintenance fees, property tax, vacancy, or agent commissions. Net yield is typically 1–1.5% lower. See the IRAS property tax guide.
Moderate Yield
NORTHWAVE has a gross rental yield of 3.4% in District 25.
FAQ
What is the rental yield for NORTHWAVE?
The estimated gross yield is 3.4%, based on avg rent of $3,581/mo and avg price of $1,253,104.
Is NORTHWAVE a good investment?
NORTHWAVE offers a 3.4% gross yield in D25 (OCR). Consider capital appreciation, tenure, and your investment horizon.
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Sales data from URA REALIS.
- Rental data from URA rental contracts.
- Gross yield = (avg monthly rent × 12 ÷ avg sale price) × 100.
Median values used to minimise outlier impact. PSF = price per square foot.