For: InvestorsHDB upgraders
Source: URA REALIS
TL;DR
ST MICHAEL'S CONDOMINIUM rental yield in D12 (). Gross yield: 2.9%. Avg rent: $3,665/mo.
Key Takeaways
- Gross rental yield: 2.9% (Low)
- Average monthly rent: $3,665/mo
- Average sale price: $1,511,857
- · D12 ·
Yield Overview
The gross rental yield for ST MICHAEL'S CONDOMINIUM is calculated as (annual rent ÷ sale price) × 100. Based on avg rent of $3,665/mo and avg price of $1,511,857, the estimated gross yield is 2.9%.
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 | $3,320/mo | — | — |
| 3 BR | $3,794/mo | $1,366,000 | 3.3% |
| 4 BR | $4,788/mo | $1,621,250 | 3.5% |
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Rental Trend
Yearly average rental rates for ST MICHAEL'S CONDOMINIUM:
| Year | Leases | Avg Rent | Change |
|---|---|---|---|
| 2021 | 4 | $2,413/mo | — |
| 2022 | 13 | $3,088/mo | ↑ 28.0% |
| 2023 | 8 | $4,388/mo | ↑ 42.1% |
| 2024 | 10 | $3,815/mo | ↓ 13.1% |
| 2025 | 7 | $4,114/mo | ↑ 7.8% |
| 2026 | 8 | $3,925/mo | ↓ 4.6% |
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Investment Assessment
⚠ Below Average Yield
At 2.9%, ST MICHAEL'S CONDOMINIUM has a below-average yield. Investors may be banking on capital appreciation.
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.
Below Average Yield
ST MICHAEL'S CONDOMINIUM has a gross rental yield of 2.9% in District 12.
FAQ
What is the rental yield for ST MICHAEL'S CONDOMINIUM?
The estimated gross yield is 2.9%, based on avg rent of $3,665/mo and avg price of $1,511,857.
Is ST MICHAEL'S CONDOMINIUM a good investment?
ST MICHAEL'S CONDOMINIUM offers a 2.9% gross yield in D12 (). 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.
- 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.