Highest rental yields in District 12 — Toa Payoh, Balestier, Serangoon
Latest recorded sale Sep 2026
Which condos and apartments in District 12 have the highest rental yield?
Among condos, apartments and ECs in District 12 with at least 10 URA rental contracts and 5 recorded sales from Oct 2024 to Sep 2026, Suites @ Topaz has the highest gross rental yield, at 5.84%: a median rent of S$6.86 psf a month against a median sale price of S$1,410 psf. Latest recorded sale Jan 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 |
|---|---|---|---|
| Suites @ Topazapartment · freehold | 5.84% | S$6.86 psf a monthS$2,600 a month · 23 contracts, Q4 2024–Q2 2026 | S$1,410 psfS$675,000 · 5 sales, Oct 2024–Jan 2026 |
| Riverbayapartment · 999-year | 4.76% | S$6.36 psf a monthS$2,800 a month · 54 contracts, Q4 2024–Q2 2026 | S$1,605 psfS$1,050,000 · 21 sales, Feb 2025–Aug 2026 |
| M66apartment · freehold | 4.70% | S$5.47 psf a monthS$3,200 a month · 51 contracts, Q4 2024–Q2 2026 | S$1,398 psfS$1,520,000 · 7 sales, Nov 2024–Sep 2026 |
| Prestige Heightsapartment · freehold | 4.63% | S$6.86 psf a monthS$2,500 a month · 133 contracts, Q4 2024–Q2 2026 | S$1,780 psfS$690,000 · 15 sales, Dec 2024–Aug 2026 |
| The Interweaveapartment · freehold | 4.58% | S$6.44 psf a monthS$2,700 a month · 161 contracts, Q4 2024–Q2 2026 | S$1,688 psfS$1,006,688 · 17 sales, Oct 2024–Aug 2026 |
| Airstreamapartment · freehold | 4.44% | S$5.78 psf a monthS$2,700 a month · 47 contracts, Q4 2024–Q2 2026 | S$1,562 psfS$740,000 · 9 sales, Oct 2024–Jun 2026 |
| Cradelsapartment · freehold | 4.38% | S$6.22 psf a monthS$2,900 a month · 109 contracts, Q4 2024–Q2 2026 | S$1,704 psfS$990,000 · 12 sales, Oct 2024–Apr 2026 |
| Vetroapartment · 999-year | 4.27% | S$5.33 psf a monthS$2,900 a month · 13 contracts, Q4 2024–Q1 2026 | S$1,496 psfS$900,000 · 5 sales, Mar 2025–Jul 2026 |
| Okioapartment · freehold | 4.21% | S$6.36 psf a monthS$3,000 a month · 97 contracts, Q4 2024–Q2 2026 | S$1,812 psfS$800,000 · 13 sales, Jul 2025–Aug 2026 |
| Ascent @ 456apartment · freehold | 4.14% | S$5.11 psf a monthS$3,500 a month · 18 contracts, Q4 2024–Q2 2026 | S$1,481 psfS$1,080,000 · 5 sales, Oct 2024–Aug 2026 |
| Bliss Loftapartment · freehold | 4.08% | S$4.80 psf a monthS$3,200 a month · 32 contracts, Q4 2024–Q2 2026 | S$1,412 psfS$1,060,000 · 5 sales, Nov 2024–Aug 2026 |
| Neem Treeapartment · freehold | 4.02% | S$6.00 psf a monthS$3,100 a month · 63 contracts, Q4 2024–Q2 2026 | S$1,792 psfS$1,068,000 · 9 sales, Nov 2024–Aug 2026 |
| Pinnacle 16apartment · freehold | 3.94% | S$5.78 psf a monthS$3,300 a month · 49 contracts, Q4 2024–Q2 2026 | S$1,759 psfS$1,022,500 · 6 sales, Dec 2024–May 2026 |
| St Francis Courtapartment · 99-year | 3.89% | S$3.84 psf a monthS$4,500 a month · 23 contracts, Q4 2024–Q1 2026 | S$1,186 psfS$975,000 · 7 sales, Oct 2024–Aug 2026 |
| Eight Riversuitescondo · 99-year | 3.88% | S$6.08 psf a monthS$3,800 a month · 429 contracts, Q4 2024–Q2 2026 | S$1,879 psfS$1,450,000 · 99 sales, Oct 2024–Sep 2026 |
| The Viridianapartment · freehold | 3.88% | S$5.45 psf a monthS$3,000 a month · 69 contracts, Q4 2024–Q2 2026 | S$1,684 psfS$1,468,000 · 9 sales, Nov 2024–Sep 2026 |
| Riviera 38apartment · 999-year | 3.86% | S$5.09 psf a monthS$3,000 a month · 48 contracts, Q4 2024–Q2 2026 | S$1,583 psfS$1,205,000 · 8 sales, Nov 2024–Apr 2026 |
| Va Residencesapartment · freehold | 3.86% | S$5.09 psf a monthS$3,000 a month · 27 contracts, Q4 2024–Q2 2026 | S$1,583 psfS$865,000 · 6 sales, Apr 2025–Aug 2026 |
| One Dusun Residencesapartment · freehold | 3.85% | S$5.68 psf a monthS$3,100 a month · 138 contracts, Q4 2024–Q2 2026 | S$1,771 psfS$1,152,500 · 6 sales, Dec 2024–Jun 2026 |
| Gem Residencescondo · 99-year | 3.73% | S$6.22 psf a monthS$3,550 a month · 321 contracts, Q4 2024–Q2 2026 | S$2,002 psfS$1,501,800 · 61 sales, Oct 2024–Aug 2026 |
| The Verveapartment · freehold | 3.68% | S$4.88 psf a monthS$3,000 a month · 90 contracts, Q4 2024–Q2 2026 | S$1,593 psfS$824,000 · 6 sales, Mar 2025–Aug 2026 |
| Casa Fortunaapartment · freehold | 3.68% | S$4.76 psf a monthS$3,150 a month · 62 contracts, Q4 2024–Q2 2026 | S$1,554 psfS$1,500,000 · 11 sales, Nov 2024–Mar 2026 |
| City Regencyapartment · freehold | 3.68% | S$4.73 psf a monthS$3,000 a month · 21 contracts, Q4 2024–Q2 2026 | S$1,541 psfS$785,000 · 8 sales, Oct 2024–Aug 2026 |
| Skysuites17apartment · freehold | 3.58% | S$5.77 psf a monthS$3,500 a month · 96 contracts, Q4 2024–Q2 2026 | S$1,933 psfS$951,500 · 8 sales, Oct 2024–Jun 2026 |
| Parc Havenapartment · freehold | 3.55% | S$4.34 psf a monthS$3,025 a month · 54 contracts, Q4 2024–Q2 2026 | S$1,470 psfS$1,310,453 · 6 sales, Apr 2025–Aug 2026 |
| Regent Residencesapartment · freehold | 3.50% | S$4.92 psf a monthS$3,500 a month · 134 contracts, Q4 2024–Q2 2026 | S$1,687 psfS$1,380,000 · 9 sales, Dec 2024–Sep 2026 |
| Jui Residencesapartment · freehold | 3.46% | S$5.69 psf a monthS$3,700 a month · 55 contracts, Q4 2024–Q2 2026 | S$1,976 psfS$1,353,900 · 12 sales, Nov 2024–Jul 2026 |
| Beacon Heightscondo · 999-year | 3.29% | S$4.24 psf a monthS$3,675 a month · 86 contracts, Q4 2024–Q2 2026 | S$1,545 psfS$1,455,000 · 20 sales, Oct 2024–Sep 2026 |
| The Centrioapartment · freehold | 3.23% | S$4.62 psf a monthS$4,250 a month · 20 contracts, Q4 2024–Q2 2026 | S$1,715 psfS$2,088,000 · 5 sales, Oct 2024–Aug 2026 |
| Oleander Towersapartment · 99-year | 3.22% | S$4.24 psf a monthS$4,100 a month · 88 contracts, Q4 2024–Q2 2026 | S$1,579 psfS$1,800,000 · 19 sales, Nov 2024–Aug 2026 |
| The Mezzoapartment · freehold | 3.19% | S$4.47 psf a monthS$3,700 a month · 91 contracts, Q4 2024–Q2 2026 | S$1,679 psfS$1,424,444 · 10 sales, Oct 2024–May 2026 |
| Verticusapartment · freehold | 3.18% | S$6.15 psf a monthS$3,800 a month · 117 contracts, Q4 2024–Q2 2026 | S$2,319 psfS$1,765,000 · 10 sales, Apr 2025–Aug 2026 |
| D'lotusapartment · freehold | 3.18% | S$4.30 psf a monthS$3,725 a month · 22 contracts, Q4 2024–Q2 2026 | S$1,620 psfS$1,352,500 · 10 sales, Oct 2024–Aug 2026 |
| Kallang Riversideapartment · freehold | 3.03% | S$6.00 psf a monthS$6,000 a month · 157 contracts, Q4 2024–Q2 2026 | S$2,374 psfS$2,544,000 · 12 sales, Oct 2024–Jul 2026 |
| Nova 88apartment · freehold | 3.00% | S$4.11 psf a monthS$3,700 a month · 43 contracts, Q4 2024–Q2 2026 | S$1,642 psfS$1,540,000 · 5 sales, Nov 2024–Aug 2026 |
| Regal Courtapartment · freehold | 3.00% | S$3.40 psf a monthS$3,275 a month · 18 contracts, Q4 2024–Q2 2026 | S$1,357 psfS$1,270,000 · 5 sales, Nov 2024–Jul 2026 |
| Moonstone Residencesapartment · freehold | 2.89% | S$3.73 psf a monthS$4,300 a month · 17 contracts, Q4 2024–Q2 2026 | S$1,546 psfS$1,887,500 · 6 sales, Jun 2025–Jun 2026 |
| The Citrineapartment · freehold | 2.84% | S$4.00 psf a monthS$4,450 a month · 16 contracts, Q4 2024–Q2 2026 | S$1,691 psfS$1,620,000 · 5 sales, Nov 2024–Apr 2026 |
| Trevistacondo · 99-year | 2.80% | S$4.70 psf a monthS$5,000 a month · 195 contracts, Q4 2024–Q2 2026 | S$2,014 psfS$2,400,000 · 41 sales, Nov 2024–Sep 2026 |
| Domusapartment · freehold | 2.78% | S$4.48 psf a monthS$4,000 a month · 52 contracts, Q4 2024–Q2 2026 | S$1,939 psfS$2,650,000 · 5 sales, Jul 2025–Apr 2026 |
| The Riverine By The Parkapartment · freehold | 2.74% | S$4.74 psf a monthS$6,200 a month · 37 contracts, Q4 2024–Q2 2026 | S$2,073 psfS$2,700,000 · 6 sales, Oct 2024–Jun 2026 |
| Vista Residencescondo · freehold | 2.63% | S$4.63 psf a monthS$5,300 a month · 144 contracts, Q4 2024–Q2 2026 | S$2,109 psfS$2,500,000 · 15 sales, Feb 2025–Jul 2026 |
| One St Michael'scondo · freehold | 2.60% | S$4.08 psf a monthS$5,000 a month · 37 contracts, Q4 2024–Q2 2026 | S$1,882 psfS$2,238,000 · 9 sales, Oct 2024–Aug 2026 |
| Ava Towersapartment · freehold | 2.55% | S$3.28 psf a monthS$4,050 a month · 38 contracts, Q4 2024–Q2 2026 | S$1,546 psfS$1,920,000 · 9 sales, Nov 2024–Dec 2025 |
| Trellis Towerscondo · freehold | 2.51% | S$4.35 psf a monthS$4,300 a month · 137 contracts, Q4 2024–Q2 2026 | S$2,083 psfS$2,572,400 · 8 sales, Nov 2024–Oct 2025 |
| Shaw Plaza - Twin Heightsapartment · freehold | 2.44% | S$3.45 psf a monthS$5,000 a month · 35 contracts, Q4 2024–Q2 2026 | S$1,695 psfS$2,408,000 · 5 sales, Jul 2025–May 2026 |
| The Artecondo · freehold | 2.40% | S$3.88 psf a monthS$5,800 a month · 122 contracts, Q4 2024–Q2 2026 | S$1,940 psfS$3,050,000 · 15 sales, Nov 2024–Jul 2026 |
| De Royalecondo · freehold | 2.33% | S$3.72 psf a monthS$4,500 a month · 56 contracts, Q4 2024–Q2 2026 | S$1,913 psfS$2,429,444 · 10 sales, Feb 2025–Jul 2026 |