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These ten residential projects have extremely high rental yields

99-year leasehold projects dominate the list.

Overall gross rental yields in Singapore for private condominiums hover at around 2.7% to 3.9%. A report by OrangeTee Research revealed a few projects that have managed to buck this trend.

Freehold project Suites@Eastcoast in Bedok has an estimated gross rental yield of 5.7%, the highest in the list.

This is followed by The Clift in Downtown Core, which has a gross rental yield of 4.8%. Vista Park in Queenstown bagged the third spot with a gross rental yield of 4.7%.

Park West in Clementi and Rivervale Crest in Sengkang bagged the fourth and fifth spots, with rental yields of 4.6% and 4.4% respectively.

The next six projects all have a gross rental yield of 4.3%--these are Kerrisdale in Kallang, Skysuites@Anson in Downtown Core, Glentrees in Bukit Timah, Icon in Downtown Core, Melville Park in Tampines, and Loyang Vallet in Pasir Ris.

According to Orange Tee, 99-year leasehold projects dominate the list because of their lower relative price.

"As tenants are generally not concerned about the tenure of the property, leasehold properties tend to have an advantage as compared to freehold when looking purely at rental yields,” stated the report.
 

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