Practical Advice for Property Investors: Enhancing Your Rental Yield

Let’s start by grouping the considerations/strategies into those that come into play at point-of-purchase, and those that can be initiated a little later down the line:-

Purchasing Your Rental Unit – Beyond PSF

Obviously when selecting property for investment, location is key. How well-connected a development is to transportation networks, amenities, schools etc and how popular the neighbourhood is with the expat crowd. (Since Singapore has one of the highest rates of home-ownership thanks to HDB, local renters form an almost insignificant component of rental demand.) URA will also provide you with plenty of rental and sale transaction data to help you determine the expected rental yield of a particular property. But as I often urge my clients and readers, let’s delve a little deeper than pure per-square-foot data.

The beauty of property investment is that it’s part science, part art. The art is in picking up the non-tangible elements of a development, the things that won’t be reflected in URA’s statistics. Let’s do a quick little case study – take One Devonshire, a relatively new 152-unit development right behind Somerset MRT.

One Devonshire – Image courtesy of Allgreen Properties Pte Ltd

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