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Rent: URA contracts 2024-07–2026-06 · price: URA caveats · gross yield

Landed rental yields

Almost nobody publishes landed rental yields — landed is bought for land and appreciation, not income. But the yield is exactly why: here is the gross return landed actually throws off, by type and district, from URA rental contracts over URA sale prices.

+1.8%
typical gross yield
$7k
terrace median rent/mo
$9k
semi-d median rent/mo
$16k
detached median rent/mo

Based on 25,194 landed rental contracts. Gross = annual rent ÷ price, before tax, maintenance, vacancy and financing.

Gross yield by type

TypeMedian rent/moAnnual rentMedian priceGross yieldRentals
Terrace$7k$83k$4.19M+1.98%4,869
Semi-D$9k$106k$6.00M+1.76%2,937
Detached$16k$186k$11.00M+1.69%1,908
Thin by design: landed grosses roughly 1.5–2% — well below condos (typically ~3–4%) — because the land, not the rent, is what you’re buying. Bigger houses yield less: rents don’t scale with land the way price does.

Where landed yields most — by district

Gross yield by district and type (segments with enough rentals and sales), highest first:

DistrictTypeMedian rent/moMedian priceGross yield
D25Terrace$9k$2.62M+4.08%
D18Semi-D$10k$3.00M+3.92%
D25Detached$14k$4.39M+3.83%
D22Terrace$7k$2.44M+3.35%
D22Semi-D$7k$2.65M+3.14%
D18Terrace$6k$2.65M+2.88%
D17Terrace$6k$2.50M+2.71%
D23Detached$13k$5.90M+2.64%
D4Detached$30k$14.02M+2.57%
D27Terrace$7k$3.39M+2.44%
D8Terrace$8k$4.20M+2.14%
D23Terrace$7k$3.70M+2.14%
D23Semi-D$7k$4.19M+2.00%
D25Semi-D$6k$3.80M+1.99%
D2Terrace$9k$5.55M+1.99%
Yield tracks affordability, not prestige: the highest landed yields sit in the mass-market outer districts where entry prices are lower against rents; the prime enclaves yield least, because price runs far ahead of rent.

Investor verdict

Do not buy landed for income — a ~1.5–2% gross yield barely covers property tax, upkeep and vacancy, let alone financing. Landed is a capital and scarcity play: the return is in the land over time, shown on the profit & loss league.

Where yield does matter: it sets a floor on holding cost. A higher-yielding pocket (outer districts, smaller terraces) is cheaper to carry while you wait for appreciation — useful if you can’t occupy it yourself.

How is this worked out? — rent, price, yield & limits
Rent
Median monthly landed rent from 25,194 URA rental contracts (service PMI_Resi_Rental), landed types only, last ~24 months.
Price
Median landed sale price for the same type (and district), land-titled caveats, last 3 years.
Yield
Gross = (median monthly rent × 12) ÷ median sale price for the segment. Before property tax, maintenance, vacancy, agent fees and financing — net yield is lower.
Limits: rentals and sales are different properties matched only by type/district, so this is a segment estimate, not a specific-home yield; landed rentals are thin; a small cell can mislead.
For educational purposes only — not financial advice.
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