Highest rental yields in District 12 — Toa Payoh, Balestier, Serangoon
Latest recorded sale Oct 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 Dec 2024 to Nov 2026, Riverbay has the highest gross rental yield, at 4.87%: a median rent of S$6.50 psf a month against a median sale price of S$1,602 psf. Latest recorded sale Oct 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 Dec 2024 to Nov 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 |
|---|---|---|---|
| Riverbayapartment · 999-year | 4.87% | S$6.50 psf a monthS$2,775 a month · 82 contracts, Q1 2025–Q3 2026 | S$1,602 psfS$1,040,000 · 22 sales, Feb 2025–Oct 2026 |
| Prestige Heightsapartment · freehold | 4.62% | S$6.86 psf a monthS$2,500 a month · 226 contracts, Q1 2025–Q3 2026 | S$1,783 psfS$685,000 · 16 sales, Dec 2024–Sep 2026 |
| Airstreamapartment · freehold | 4.61% | S$6.00 psf a monthS$2,700 a month · 57 contracts, Q1 2025–Q3 2026 | S$1,562 psfS$725,000 · 7 sales, Dec 2024–Jun 2026 |
| The Interweaveapartment · freehold | 4.54% | S$6.44 psf a monthS$2,750 a month · 298 contracts, Q1 2025–Q3 2026 | S$1,703 psfS$760,000 · 15 sales, Feb 2025–Aug 2026 |
| M66apartment · freehold | 4.50% | S$5.08 psf a monthS$3,200 a month · 75 contracts, Q1 2025–Q3 2026 | S$1,354 psfS$1,520,000 · 7 sales, Mar 2025–Sep 2026 |
| Suites @ Topazapartment · freehold | 4.33% | S$6.14 psf a monthS$2,600 a month · 27 contracts, Q1 2025–Q3 2026 | S$1,703 psfS$675,000 · 5 sales, Apr 2025–Sep 2026 |
| Cradelsapartment · freehold | 4.31% | S$6.22 psf a monthS$2,900 a month · 201 contracts, Q1 2025–Q3 2026 | S$1,730 psfS$990,000 · 8 sales, Apr 2025–Apr 2026 |
| Okioapartment · freehold | 4.20% | S$6.34 psf a monthS$3,000 a month · 154 contracts, Q1 2025–Q3 2026 | S$1,812 psfS$800,000 · 13 sales, Jul 2025–Aug 2026 |
| Vetroapartment · 999-year | 4.19% | S$5.22 psf a monthS$2,700 a month · 15 contracts, Q1 2025–Q3 2026 | S$1,496 psfS$900,000 · 5 sales, Mar 2025–Jul 2026 |
| Neem Treeapartment · freehold | 4.04% | S$6.00 psf a monthS$3,100 a month · 103 contracts, Q1 2025–Q3 2026 | S$1,781 psfS$1,068,000 · 7 sales, Feb 2025–Aug 2026 |
| One Dusun Residencesapartment · freehold | 3.97% | S$5.82 psf a monthS$3,150 a month · 237 contracts, Q1 2025–Q3 2026 | S$1,759 psfS$1,155,000 · 7 sales, Dec 2024–Oct 2026 |
| St Francis Courtapartment · 99-year | 3.97% | S$3.92 psf a monthS$4,425 a month · 28 contracts, Q1 2025–Q3 2026 | S$1,185 psfS$1,102,500 · 6 sales, Jan 2025–Aug 2026 |
| Pinnacle 16apartment · freehold | 3.96% | S$5.82 psf a monthS$3,300 a month · 61 contracts, Q1 2025–Q3 2026 | S$1,763 psfS$1,025,000 · 7 sales, Dec 2024–Sep 2026 |
| Casa Fortunaapartment · freehold | 3.92% | S$5.09 psf a monthS$3,200 a month · 82 contracts, Q1 2025–Q3 2026 | S$1,558 psfS$1,475,000 · 10 sales, Dec 2024–Mar 2026 |
| Eight Riversuitescondo · 99-year | 3.89% | S$6.15 psf a monthS$3,800 a month · 696 contracts, Q1 2025–Q3 2026 | S$1,895 psfS$1,450,000 · 97 sales, Dec 2024–Oct 2026 |
| The Viridianapartment · freehold | 3.87% | S$5.45 psf a monthS$3,000 a month · 105 contracts, Q1 2025–Q3 2026 | S$1,690 psfS$1,510,000 · 7 sales, Mar 2025–Sep 2026 |
| Va Residencesapartment · freehold | 3.86% | S$5.09 psf a monthS$3,050 a month · 36 contracts, Q1 2025–Q3 2026 | S$1,583 psfS$865,000 · 6 sales, Apr 2025–Aug 2026 |
| Riviera 38apartment · 999-year | 3.79% | S$5.00 psf a monthS$3,100 a month · 77 contracts, Q1 2025–Q3 2026 | S$1,583 psfS$1,205,000 · 8 sales, May 2025–Sep 2026 |
| Gem Residencescondo · 99-year | 3.75% | S$6.26 psf a monthS$3,550 a month · 570 contracts, Q1 2025–Q3 2026 | S$2,002 psfS$1,510,900 · 60 sales, Dec 2024–Oct 2026 |
| City Regencyapartment · freehold | 3.65% | S$4.71 psf a monthS$3,500 a month · 37 contracts, Q1 2025–Q3 2026 | S$1,548 psfS$785,000 · 7 sales, Dec 2024–Aug 2026 |
| Regent Residencesapartment · freehold | 3.59% | S$5.06 psf a monthS$3,500 a month · 211 contracts, Q1 2025–Q3 2026 | S$1,691 psfS$1,380,000 · 10 sales, Dec 2024–Oct 2026 |
| The Verveapartment · freehold | 3.58% | S$4.80 psf a monthS$3,000 a month · 140 contracts, Q1 2025–Q3 2026 | S$1,609 psfS$760,000 · 7 sales, Mar 2025–Oct 2026 |
| Skysuites17apartment · freehold | 3.54% | S$5.77 psf a monthS$3,500 a month · 144 contracts, Q1 2025–Q3 2026 | S$1,956 psfS$735,000 · 7 sales, Mar 2025–Oct 2026 |
| Jui Residencesapartment · freehold | 3.45% | S$5.69 psf a monthS$3,700 a month · 89 contracts, Q1 2025–Q3 2026 | S$1,977 psfS$1,358,344 · 12 sales, Feb 2025–Oct 2026 |
| Parc Havenapartment · freehold | 3.38% | S$4.31 psf a monthS$3,000 a month · 83 contracts, Q1 2025–Q3 2026 | S$1,532 psfS$1,550,000 · 7 sales, Apr 2025–Oct 2026 |
| The Mezzoapartment · freehold | 3.33% | S$4.59 psf a monthS$3,700 a month · 137 contracts, Q1 2025–Q3 2026 | S$1,654 psfS$1,420,000 · 9 sales, Mar 2025–Oct 2026 |
| Beacon Heightscondo · 999-year | 3.29% | S$4.24 psf a monthS$3,600 a month · 140 contracts, Q1 2025–Q3 2026 | S$1,545 psfS$1,410,000 · 17 sales, Dec 2024–Oct 2026 |
| Oleander Towersapartment · 99-year | 3.22% | S$4.24 psf a monthS$4,000 a month · 126 contracts, Q1 2025–Q3 2026 | S$1,578 psfS$1,815,000 · 18 sales, Apr 2025–Aug 2026 |
| D'Lotusapartment · freehold | 3.21% | S$4.35 psf a monthS$3,600 a month · 24 contracts, Q1 2025–Q3 2026 | S$1,628 psfS$1,340,000 · 9 sales, Mar 2025–Aug 2026 |
| Verticusapartment · freehold | 3.18% | S$6.15 psf a monthS$3,900 a month · 160 contracts, Q1 2025–Q3 2026 | S$2,319 psfS$1,765,000 · 10 sales, Apr 2025–Aug 2026 |
| Kallang Riversideapartment · freehold | 2.98% | S$6.00 psf a monthS$6,000 a month · 274 contracts, Q1 2025–Q3 2026 | S$2,413 psfS$2,538,000 · 9 sales, Aug 2025–Jul 2026 |
| Moonstone Residencesapartment · freehold | 2.89% | S$3.73 psf a monthS$4,150 a month · 14 contracts, Q1 2025–Q2 2026 | S$1,546 psfS$1,887,500 · 6 sales, Jun 2025–Jun 2026 |
| Domusapartment · freehold | 2.85% | S$4.61 psf a monthS$3,900 a month · 87 contracts, Q1 2025–Q3 2026 | S$1,939 psfS$2,650,000 · 5 sales, Jul 2025–Apr 2026 |
| Trevistacondo · 99-year | 2.81% | S$4.73 psf a monthS$5,000 a month · 294 contracts, Q1 2025–Q3 2026 | S$2,023 psfS$2,427,500 · 38 sales, Dec 2024–Sep 2026 |
| The Riverine By The Parkapartment · freehold | 2.70% | S$4.78 psf a monthS$6,250 a month · 78 contracts, Q1 2025–Q3 2026 | S$2,119 psfS$2,760,000 · 6 sales, May 2025–Oct 2026 |
| Vista Residencescondo · freehold | 2.64% | S$4.63 psf a monthS$5,300 a month · 241 contracts, Q1 2025–Q3 2026 | S$2,101 psfS$2,500,000 · 16 sales, Feb 2025–Sep 2026 |
| One St Michael'scondo · freehold | 2.60% | S$4.08 psf a monthS$5,000 a month · 51 contracts, Q1 2025–Q3 2026 | S$1,886 psfS$2,259,000 · 8 sales, Dec 2024–Aug 2026 |
| Ava Towersapartment · freehold | 2.48% | S$3.20 psf a monthS$4,000 a month · 75 contracts, Q1 2025–Q3 2026 | S$1,546 psfS$1,920,000 · 9 sales, Dec 2024–Sep 2026 |
| The Artecondo · freehold | 2.47% | S$4.00 psf a monthS$5,700 a month · 158 contracts, Q1 2025–Q3 2026 | S$1,944 psfS$3,158,888 · 15 sales, Dec 2024–Jul 2026 |
| Trellis Towerscondo · freehold | 2.45% | S$4.26 psf a monthS$4,600 a month · 220 contracts, Q1 2025–Q3 2026 | S$2,086 psfS$2,584,800 · 7 sales, Feb 2025–Oct 2025 |
| Shaw Plaza - Twin Heightsapartment · freehold | 2.39% | S$3.45 psf a monthS$5,000 a month · 44 contracts, Q1 2025–Q3 2026 | S$1,734 psfS$2,464,000 · 6 sales, Jul 2025–Sep 2026 |
| De Royalecondo · freehold | 2.33% | S$3.71 psf a monthS$4,600 a month · 81 contracts, Q1 2025–Q3 2026 | S$1,913 psfS$2,429,444 · 10 sales, Feb 2025–Jul 2026 |