- Gross rental yield: 3.1% (Moderate)
- Average monthly rent: $4,547/mo
- Average sale price: $1,770,490
- · D12 ·
Yield Overview
The gross rental yield for ONE ST MICHAEL'S is calculated as (annual rent ÷ sale price) × 100. Based on avg rent of $4,547/mo and avg price of $1,770,490, the estimated gross yield is 3.1%.
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 | $3,583/mo | $1,480,429 | 2.9% |
| 3 BR | $4,712/mo | $1,907,698 | 3.0% |
| 4 BR | $6,467/mo | $1,880,000 | 4.1% |
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Rental Trend
Yearly average rental rates for ONE ST MICHAEL'S:
| Year | Leases | Avg Rent | Change |
|---|---|---|---|
| 2021 | 11 | $3,492/mo | — |
| 2022 | 25 | $4,162/mo | ↑ 19.2% |
| 2023 | 26 | $4,832/mo | ↑ 16.1% |
| 2024 | 18 | $4,689/mo | ↓ 3.0% |
| 2025 | 30 | $4,950/mo | ↑ 5.6% |
| 2026 | 4 | $4,338/mo | ↓ 12.4% |
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Investment Assessment
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.
FAQ
What is the rental yield for ONE ST MICHAEL'S?
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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.
- 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.