Highest HDB rental yields in Bukit Timah
Latest recorded sale Sep 2026
Which HDB blocks in Bukit Timah have the highest rental yield?
Among HDB blocks in Bukit Timah with at least 5 rental approvals and 5 resales of the same flat type from Dec 2024 to Nov 2026, Blk 8 Empress Rd has the highest gross rental yield, at 7.85% for a 3-room flat with 49 years of lease left: a median rent of S$3,000 a month against a median resale price of S$458,888. Latest recorded sale Aug 2026. Gross yield before costs; indicative.
How the ranking is worked out
Each row is one block and one flat type. Its gross yield is the median monthly rent in HDB's rental approvals, times twelve, divided by the median resale price of the same flat type in the same block, both from Dec 2024 to Nov 2026. A row is ranked only with at least 5 approvals and 5 resales in that window; transfers we filter out never count. Yields climb as a lease runs down, because a buyer pays for the years left and a tenant does not, so the lease left is shown on every row.
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.
Blocks, highest gross yield first
| Block | Gross yield | Median rent | Median price |
|---|---|---|---|
| Blk 8 Empress Rd3-Room · 49 years left | 7.85% | S$3,000 a month35 approvals, Dec 2024–Sep 2026 | S$458,888S$7,060 psm · 7 resales, Feb 2025–Aug 2026 |
| Blk 4 Queen's Rd3-Room · 47 years left | 7.50% | S$3,025 a month24 approvals, Dec 2024–Sep 2026 | S$484,000S$6,815 psm · 6 resales, Mar 2025–Sep 2026 |
| Blk 4 Toh Yi Dr4-Room · 61 years left | 4.96% | S$3,875 a month8 approvals, Apr 2025–Aug 2026 | S$938,000S$9,019 psm · 7 resales, Dec 2024–Sep 2026 |
| Blk 13 Toh Yi Dr4-Room · 61 years left | 4.50% | S$3,600 a month5 approvals, Feb 2025–Jan 2026 | S$960,888S$9,239 psm · 5 resales, Dec 2024–May 2026 |
| Blk 5 Toh Yi Dr5-Room · 62 years left | 3.97% | S$4,000 a month7 approvals, Apr 2025–Sep 2026 | S$1,209,000S$9,682 psm · 6 resales, May 2025–Aug 2026 |