- Gross rental yield: 4.0% (Moderate)
- Average monthly rent: $3,294/mo
- Average sale price: $1,001,175
- · D1 ·
Yield Overview
The gross rental yield for PEOPLE'S PARK COMPLEX is calculated as (annual rent ÷ sale price) × 100. Based on avg rent of $3,294/mo and avg price of $1,001,175, the estimated gross yield is 4.0%.
Bedroom-Specific Yields
Rental yields vary by unit type. Smaller units typically offer higher yields.
| Unit Type | Avg Rent | Avg Price | Gross Yield |
|---|---|---|---|
| Studio | $4,357/mo | $589,231 | 8.9% |
| 1 BR | $2,299/mo | — | — |
| 3 BR | $4,312/mo | $1,196,203 | 4.3% |
| 4 BR | $5,879/mo | $1,436,000 | 4.9% |
Loading chart data...
Rental Trend
Yearly average rental rates for PEOPLE'S PARK COMPLEX:
| Year | Leases | Avg Rent | Change |
|---|---|---|---|
| 2021 | 37 | $2,200/mo | — |
| 2022 | 85 | $2,844/mo | ↑ 29.3% |
| 2023 | 82 | $3,357/mo | ↑ 18.0% |
| 2024 | 74 | $3,554/mo | ↑ 5.9% |
| 2025 | 90 | $3,790/mo | ↑ 6.6% |
| 2026 | 39 | $3,538/mo | ↓ 6.6% |
Loading chart data...
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 PEOPLE'S PARK COMPLEX?
Is PEOPLE'S PARK COMPLEX a good investment?
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.