For: InvestorsHDB upgraders
Source: URA REALIS
TL;DR
ST MICHAEL'S PLACE rental yield in D12 (). Gross yield: 3.2%. Avg rent: $4,393/mo.
Key Takeaways
- Gross rental yield: 3.2% (Moderate)
- Average monthly rent: $4,393/mo
- Average sale price: $1,642,193
- · D12 ·
Yield Overview
The gross rental yield for ST MICHAEL'S PLACE is calculated as (annual rent ÷ sale price) × 100. Based on avg rent of $4,393/mo and avg price of $1,642,193, the estimated gross yield is 3.2%.
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 | $4,393/mo | $1,642,193 | 3.2% |
Loading chart data...
Rental Trend
Yearly average rental rates for ST MICHAEL'S PLACE:
| Year | Leases | Avg Rent | Change |
|---|---|---|---|
| 2021 | 1 | $3,200/mo | — |
| 2022 | 6 | $3,683/mo | ↑ 15.1% |
| 2023 | 8 | $4,525/mo | ↑ 22.9% |
| 2024 | 4 | $4,475/mo | ↓ 1.1% |
| 2025 | 8 | $4,538/mo | ↑ 1.4% |
| 2026 | 3 | $5,367/mo | ↑ 18.3% |
Loading chart data...
Investment Assessment
ℹ Moderate Yield
At 3.2%, ST MICHAEL'S PLACE 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
ST MICHAEL'S PLACE has a gross rental yield of 3.2% in District 12.
FAQ
What is the rental yield for ST MICHAEL'S PLACE?
The estimated gross yield is 3.2%, based on avg rent of $4,393/mo and avg price of $1,642,193.
Is ST MICHAEL'S PLACE a good investment?
ST MICHAEL'S PLACE offers a 3.2% 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.