Property
15 Years of Sengkang HDB Rental Income Data. What Does it Tell Us?
By Investment Moats  •  May 29, 2023
I was doing some personal financial planning, and part of the planning required me to sense how well a flat in Sengkang rents for. So I decided to crunch some data and since I did it, I might as well show you here. The table below shows the average rent declared to HDB from 3rd quarter 2007 to 4th quarter 2022: This means we have about 15 years of historical Sengkang rental data. During this period, we went through a lot. I won’t make much comment. Just take a look at the rental data. In the table above, I have listed out the rent from the highest (max) to median (50th percentile) to the lowest (min). In the chart below, I plotted the rent over time, with the top chart for 4-room HDB, middle chart is the 5-room HDB and the last chart is the year-on-year change in CPI: Not sure what your thoughts are....
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By Investment Moats
Investment Moats is set up by Kyith Ng and have been around since 2005. He aims to share his experiences making sense of money, how money works and ways to grow his money. It hopes that by sharing his experiences, both good and bad, season investors can advice and critique his decisions and new investors can learn from them and find their own style ...
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