Highest rental yields in District 1 — Raffles Place, Marina, Cecil
Latest recorded sale Sep 2026
Which condos and apartments in District 1 have the highest rental yield?
Among condos, apartments and ECs in District 1 with at least 10 URA rental contracts and 5 recorded sales from Oct 2024 to Sep 2026, People's Park Complex has the highest gross rental yield, at 4.69%: a median rent of S$4.89 psf a month against a median sale price of S$1,251 psf. Latest recorded sale Sep 2026. Gross yield before costs; indicative.
How the ranking is worked out
Each project's gross yield is its own median rent per square foot, from URA rental contracts, times twelve, divided by its own median sale price per square foot, from recorded caveats, both from Oct 2024 to Sep 2026. A project is ranked only with at least 10 rental contracts and 5 sales in that window; transfers we filter out as unrepresentative never count. Condos, apartments and executive condominiums only: landed homes are sold by land area and let by floor area, so the two do not divide.
Gross yield is a year's rent divided by the price paid, before any cost. Net yield is what is left after property tax, maintenance or conservancy charges, agent fees, repairs and months without a tenant, and it is always lower. Mortgage interest comes off after that. We rank on gross yield because recorded rents and prices are the same for everyone, while costs are not.
Projects, highest gross yield first
| Project | Gross yield | Median rent | Median price |
|---|---|---|---|
| People's Park Complexapartment · 99-year | 4.69% | S$4.89 psf a monthS$3,000 a month · 144 contracts, Q4 2024–Q2 2026 | S$1,251 psfS$1,258,000 · 21 sales, Oct 2024–Sep 2026 |
| The Cliftapartment · 99-year | 4.28% | S$7.27 psf a monthS$4,350 a month · 324 contracts, Q4 2024–Q2 2026 | S$2,036 psfS$1,048,888 · 25 sales, Nov 2024–Aug 2026 |
| Marina One Residencesapartment · 99-year | 4.08% | S$6.65 psf a monthS$5,500 a month · 900 contracts, Q4 2024–Q2 2026 | S$1,957 psfS$2,000,000 · 71 sales, Dec 2024–Sep 2026 |
| V On Shentonapartment · 99-year | 4.07% | S$6.53 psf a monthS$4,775 a month · 448 contracts, Q4 2024–Q2 2026 | S$1,925 psfS$1,375,000 · 32 sales, Dec 2024–Aug 2026 |
| The Sail @ Marina Bayapartment · 99-year | 4.04% | S$6.92 psf a monthS$5,500 a month · 954 contracts, Q4 2024–Q2 2026 | S$2,053 psfS$1,811,944 · 82 sales, Oct 2024–Sep 2026 |
| Marina Bay Residencescondo · 99-year | 3.96% | S$7.44 psf a monthS$7,900 a month · 335 contracts, Q4 2024–Q2 2026 | S$2,257 psfS$2,332,500 · 30 sales, Oct 2024–Jul 2026 |
| One Shentonapartment · 99-year | 3.90% | S$6.00 psf a monthS$5,500 a month · 283 contracts, Q4 2024–Q2 2026 | S$1,844 psfS$1,660,000 · 27 sales, Nov 2024–Aug 2026 |
| Marina Bay Suitescondo · 99-year | 3.73% | S$6.06 psf a monthS$11,000 a month · 134 contracts, Q4 2024–Q2 2026 | S$1,948 psfS$3,225,000 · 20 sales, Oct 2024–Sep 2026 |
| Robinson Suitesapartment · freehold | 3.65% | S$7.08 psf a monthS$3,800 a month · 214 contracts, Q4 2024–Q2 2026 | S$2,331 psfS$1,170,000 · 7 sales, Dec 2024–Jun 2026 |
| Riverwalk Apartmentsapartment · 99-year | 3.42% | S$4.71 psf a monthS$5,825 a month · 68 contracts, Q4 2024–Q2 2026 | S$1,650 psfS$1,532,500 · 10 sales, Oct 2024–Apr 2026 |
| Emerald Gardencondo · 999-year | 2.66% | S$5.12 psf a monthS$5,200 a month · 209 contracts, Q4 2024–Q2 2026 | S$2,306 psfS$2,605,000 · 8 sales, Oct 2024–Sep 2026 |