Melville Park Investment Returns: Rental Yield Analysis
Melville Park at Simei Street 1 offers investors strong rental yields of 4.1-4.5%, making it a compelling choice for D18 properties in Tampines-Pasir Ris. This 99-year leasehold condo, completed in 1996, delivers reliable returns backed by URA transaction data and steady tenant demand from nearby amenities.[1][2]
At Homejourney, we prioritize verified data and transparency to help you assess Melville Park for sale opportunities safely. This cluster analysis dives into rental yield specifics, linking back to our pillar guide on Melville Park price trends and D18 market analysis. Use our tools for confident property investment decisions.
Melville Park Rental Yield Breakdown
Gross rental yields at Melville Park average 4.13% to 4.5%, calculated from recent URA rentals divided by sale prices.[1][2] For a typical 1,000 sqft 2-bedroom unit sold at S$921 psf (around S$920,000), expect monthly rents of S$3,200-S$3,700, yielding 4.2-4.8% annually.[3][4]
3-bedroom units (1,200-1,400 sqft) fetch S$4,000-S$5,200 monthly, with yields around 4.0-4.4% on prices of S$1.0M-S$1.2M.[3][5] These figures outperform many D18 peers, driven by high occupancy from families and professionals near MRT stations.
- 2BR Yield: 4.2-4.5% (Rent: S$3,300-S$3,700 / Sale: S$900k-S$1.05M)
- 3BR Yield: 4.0-4.4% (Rent: S$4,200-S$4,900 / Sale: S$1.1M-S$1.3M)
- Net Yield Estimate: 3.5-4.0% after 20-30% maintenance/vacancy deductions
Disclaimer: Yields are estimates based on 2025 URA data; actual returns vary by unit condition and market shifts. Consult Homejourney agents for personalized projections.[7]
Current Sale Prices and Available Units
Melville Park for sale units range from S$910,000-S$1.48M (S$919-S$1,148 psf), with 1,232 total units across 11 floors.[5][6] Popular 2-3 bedroom layouts (936-1,475 sqft) dominate resales, ideal for investors eyeing quick lets.[1]
Browse all available units for sale at Melville Park on Homejourney's verified listings. High-demand stacks with park views command premiums but boost yields by 0.2-0.5%.[2]
Why Melville Park Excels for Property Investment
Steady capital appreciation (recent psf up 5-7% YoY) pairs with robust rentals, fueled by D18's family appeal.[2][7] Low maintenance fees and coliving potential (up to 6% yields for renovated units) enhance ROI.[9]
Insider tip: Units near Simei Street 1's greener blocks rent 10-15% faster to expats from nearby Changi Business Park. Read our related guide: Melville Park Price Trends 2026: D18 Market Analysis | Homejourney .
Location Advantages Boosting Tenant Demand
Melville Park's prime spot (5-min walk to Simei MRT, Exit A) ensures 95%+ occupancy.[2] Top schools like Temasek Polytechnic (10-min drive), Loyal Temple Primary (800m), and shopping at Eastpoint Mall (1km) attract tenants.[2]
- Transport: EW3 Simei MRT (500m, 7-min walk); Tampines Expressway access
- Schools: Chung Cheng High (1.2km); St. Hilda's Primary (900m)
- Amenities: FairPrice, Tampines Mall (1.5km); Sun Plaza Park for recreation
Future Tampines North developments will lift values 10-15% by 2030, per URA plans. For full amenities, see Melville Park for Sale: D18 Units & Guide | Homejourney .
Financing and ROI Projections
For a S$1M 2BR unit, expect 25% downpayment (S$250k CPF/cash), with monthly payments ~S$3,500 at 3.5% rates (30-year loan). ABSD: 0% for first-timers, 17% for foreigners.[7]
Check your buying power with Homejourney's mortgage calculator. Pair with rental income for positive cashflow: S$3,500 rent covers 100%+ of payments.
| Unit Type | Sale Price | Monthly Rent | Gross Yield | Monthly Payment (Est.) |
|---|---|---|---|---|
| 2BR (1,000 sqft) | S$950k | S$3,500 | 4.4% | S$3,400 |
| 3BR (1,300 sqft) | S$1.2M | S$4,500 | 4.5% | S$4,300 |
Explore financing details in Melville Park Home Loan & Financing Guide | Homejourney . Post-purchase, maintain value with Aircon Services .
Step-by-Step Buying Process for Investors
Secure your Singapore condo for sale at Melville Park safely via Homejourney:
- Search available units and shortlist via Property Search
- Calculate affordability and pre-approve loans
- Schedule a viewing with a property agent
- Submit Option to Purchase (1% fee); complete in 8-12 weeks
- Verify title via Homejourney's trusted network
We ensure transparency at every step, prioritizing your safety.
Investment Outlook and Risks
Expect 4-6% annual returns blending yield and 3-5% appreciation, outperforming leasehold averages.[1][7] Tenant demand remains high from Pasir Ris expats, but monitor lease decay (32 years remaining).
Risks: Rising interest rates could trim net yields; mitigate with fixed loans. Compare nearby like Jansen House via Jansen House Investment Analysis: Rental Yield & Growth | Homejourney .
FAQ: Melville Park Rental Yield Questions
What is the average rental yield at Melville Park?
4.1-4.5% gross, based on 2025 URA data for 2-3BR units.[1][2]
Are there available units for sale now?
Yes, from S$910k. View on Homejourney search.[7]
How does Melville Park compare for property investment in D18?
Superior yields vs. newer condos; strong location edges out Tampines peers.[2]
What's the tenant profile?
Families, professionals; 90% occupancy from schools/MRT proximity.
Need financing help?
Use our mortgage rates tool or contact agents.
Ready to invest? See detailed Melville Park analysis and schedule a viewing on Homejourney – your trusted partner for safe Melville Park investment returns.
References
- Singapore Property Market Analysis 1 (2026)
- Singapore Property Market Analysis 2 (2026)
- Singapore Property Market Analysis 3 (2026)
- Singapore Property Market Analysis 4 (2026)
- Singapore Property Market Analysis 5 (2026)
- Singapore Property Market Analysis 7 (2026)
- Singapore Property Market Analysis 6 (2026)
- Singapore Property Market Analysis 9 (2026)










