Rental yield gives you an idea of how much rental income you could get from a property, in relation to your cost.
A version of the Singaporean Dream used to be to own properties and live off rental incomes, but is it still feasible today?
What’s a good rental yield?
According to Jeff Ong, our Property Investing Trainer, rental yield for residential properties in Singapore is about 2.5% per annum, on average. This is highly dependent on location and demand for rental units.
Discover how you can own a Property Portfolio that pays you as it grows, with Jeffrey Ong.
In fact, according to Square Foot Research, the historical rental yield in Singapore has been on a downtrend.
Jeff finds this to be a depressing trend and has spent years globalising his property portfolio. He prefers to invest in markets with rental yields of at least 6% and he generously shares where and how he picks investment properties at his live webinar.