- Gross rental yield: 2.7% (Low)
- Average monthly rent: $4,455/mo
- Average sale price: $2,012,667
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Yield Overview
The gross rental yield for PEOPLE'S PARK CENTRE is calculated as (annual rent ÷ sale price) × 100. Based on avg rent of $4,455/mo and avg price of $2,012,667, the estimated gross yield is 2.7%.
Bedroom-Specific Yields
Rental yields vary by unit type. Smaller units typically offer higher yields.
| Unit Type | Avg Rent | Avg Price | Gross Yield |
|---|---|---|---|
| 3 BR | $4,220/mo | — | — |
| 4 BR | $4,929/mo | — | — |
| 5+ BR | $7,475/mo | $2,012,667 | 4.5% |
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Rental Trend
Yearly average rental rates for PEOPLE'S PARK CENTRE:
| Year | Leases | Avg Rent | Change |
|---|---|---|---|
| 2021 | 8 | $3,638/mo | — |
| 2022 | 13 | $3,573/mo | ↓ 1.8% |
| 2023 | 11 | $4,759/mo | ↑ 33.2% |
| 2024 | 7 | $5,509/mo | ↑ 15.8% |
| 2025 | 9 | $4,833/mo | ↓ 12.3% |
| 2026 | 7 | $5,007/mo | ↑ 3.6% |
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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
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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.