For: InvestorsHDB upgraders
Source: URA REALIS
TL;DR
THE PROMENADE@PELIKAT rental yield in D19 (). Gross yield: 3.6%. Avg rent: $2,671/mo.
Key Takeaways
- Gross rental yield: 3.6% (Moderate)
- Average monthly rent: $2,671/mo
- Average sale price: $900,964
- · D19 ·
Yield Overview
The gross rental yield for THE PROMENADE@PELIKAT is calculated as (annual rent ÷ sale price) × 100. Based on avg rent of $2,671/mo and avg price of $900,964, the estimated gross yield is 3.6%.
Bedroom-Specific Yields
Rental yields vary by unit type. Smaller units typically offer higher yields.
| Unit Type | Avg Rent | Avg Price | Gross Yield |
|---|---|---|---|
| 1 BR | $2,375/mo | $791,688 | 3.6% |
| 2 BR | $3,099/mo | $1,087,529 | 3.4% |
| 3 BR | $3,394/mo | $1,227,960 | 3.3% |
| 4 BR | $4,733/mo | $1,400,000 | 4.1% |
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Rental Trend
Yearly average rental rates for THE PROMENADE@PELIKAT:
| Year | Leases | Avg Rent | Change |
|---|---|---|---|
| 2021 | 24 | $1,922/mo | — |
| 2022 | 58 | $2,456/mo | ↑ 27.8% |
| 2023 | 54 | $2,890/mo | ↑ 17.7% |
| 2024 | 50 | $2,912/mo | ↑ 0.8% |
| 2025 | 58 | $2,741/mo | ↓ 5.9% |
| 2026 | 26 | $2,769/mo | ↑ 1.0% |
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Investment Assessment
ℹ Moderate Yield
At 3.6%, THE PROMENADE@PELIKAT 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
THE PROMENADE@PELIKAT has a gross rental yield of 3.6% in District 19.
FAQ
What is the rental yield for THE PROMENADE@PELIKAT?
The estimated gross yield is 3.6%, based on avg rent of $2,671/mo and avg price of $900,964.
Is THE PROMENADE@PELIKAT a good investment?
THE PROMENADE@PELIKAT offers a 3.6% gross yield in D19 (). 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.