Eastcove Residences Offers 3-3.5% Rental Yields with Steady Growth in 2026
Eastcove Residences at Joo Chiat Place in District 15 delivers rental yields of 3-3.5% for investors, supported by strong tenant demand from expats and families in the East Coast area. This freehold condo, completed in 2002, combines stable rents with 3-4% annual price appreciation, making it a solid choice for property investment. Homejourney verifies all data to ensure transparency and user safety, helping you assess Eastcove Residences Investment Analysis: Rental Yield and Growth confidently.
This cluster article builds on our pillar guide to D15 condos, providing tactical insights for buyers eyeing Singapore condo investments in Marine Parade. With URA data showing private residential rents stabilizing at 2-3% growth in 2026, Eastcove's location drives premium yields[1]. Always consult professionals for personalized advice, as markets fluctuate.
Project Overview: Freehold Appeal in D15 East Coast
Eastcove Residences is a freehold development on Joo Chiat Place, District 15 (East Coast, Marine Parade), with TOP in 2002. It features around 100 units in 1-4 bedroom mixes, catering to diverse investors. Its established status ensures liquidity in the resale market, unlike newer launches facing cooling measures.
Developer quality and freehold tenure boost long-term value. For full unit types and facilities, check our detailed project analysis of Eastcove Residences or Eastcove Residences Floor Plans & Facilities GuideEastcove Residences Floor Plans & Facilities Guide | Homejourney . Homejourney prioritizes verified info for trusted decisions.
Rental Yield Breakdown by Unit Type
Rental yield = (Annual Rent / Property Price) x 100. At Eastcove, expect 3-3.5% yields in 2026, aligning with D15 averages amid 2.5-3% rent growth[1]. Here's a practical breakdown based on recent URA trends:
- 1BR (500-700 sqft): Buy S$1.5M-1.8M (S$1,600-1,900 psf), Rent S$4,000-5,000/month → ~3.5% yield
- 2BR (800-1,100 sqft): Buy S$2.2M-2.8M (S$1,700-2,000 psf), Rent S$6,000-7,500/month → 3.2-3.4% yield
- 3-4BR (1,500+ sqft): Buy S$3.5M+, Rent S$9,000-12,000/month → 3-3.5% yield
Disclaimer: Estimates from 2026 market data; actual yields vary by unit condition and tenant. Source URA via Homejourney analysis[1][3].
Browse available units at Eastcove Residences on Homejourney search for real-time listings starting at S$1.8M.
Price Trends and Capital Growth Potential
Current condo prices at Eastcove range S$1,600-2,000 psf in 2026, up 3-4% YoY from 2025[1]. Historical appreciation: ~20% since 2020, outperforming district averages due to freehold scarcity. Compared to nearby like East Coast Residences (3.6-3.7% yield, D16), Eastcove holds a 5-10% premium for Joo Chiat vibrancy[2].
Future growth drivers: Proximity to Thomson-East Coast Line (Kembangan MRT, 11-min walk, 852m), ECP access, and limited D15 supply. View trends in our Eastcove Residences Price Trends & Market AnalysisEastcove Residences Price Trends & Market Analysis | Homejourney .
Actionable Steps to Evaluate Investment
- Calculate yield using sample: For 2BR at S$2.5M renting S$6,500/month = (S$78K / S$2.5M) x 100 = 3.12%.
- Factor ABSD: 0% first-time Singaporean, 17% foreigner. Use Homejourney mortgage calculator for payments (~S$8K/month at 1.22% SORA).
- Assess demand: High expat pull from Marine Parade schools and hawker centres. See Eastcove Residences Amenities GuideEastcove Residences Amenities: Schools, Shopping & Transport Guide .
- Speak to agents via Homejourney agents for insider views.
Insider tip: Units facing Joo Chiat Lane fetch 5-10% higher rents due to heritage charm—locals know the walk to Kembangan MRT feels shorter downhill.
Pros, Cons, and Who Should Invest
Pros: Freehold security, 3-3.5% yields beating national 2.8% average, strong liquidity (5-10 units listed), D15 lifestyle perks[1].
Cons: Older build (2002) may need upgrades like aircon servicing—check Homejourney aircon services; competition from newer ECP condos.
Best for: Long-term investors (5+ years) seeking yields + growth, expat landlords. Compare to Bristol Lodge Investment ReturnsBristol Lodge Investment Returns: Rental Yield Analysis | Homejourney for similar D15 plays.
FAQ: Eastcove Residences Rental Yield Questions
What is the rental yield for Eastcove Residences in 2026?
3-3.5% across units, with 2BR at ~3.3% based on S$6K-7.5K rents and S$2.2M-2.8M prices (URA trends)[1][3].
Is Eastcove Residences a good property investment?
Yes, for freehold D15 stability and 3-4% growth potential, but factor maintenance costs[1].
How does Eastcove compare to other East Coast condos?
Higher yields than D16 averages (3.6%) due to Joo Chiat location; explore Homejourney projects directory.
What financing options for Eastcove investors?
25% downpayment, check bank rates and ABSD rules.
Future growth for Eastcove Residences?
Boosted by TE Line and low supply; expect 3-4% appreciation[1].
Ready to invest? Search Eastcove Residences listings on Homejourney today for verified, safe transactions. Homejourney ensures trust through transparency—your confident property investment starts here.
