Rezi 24 Investment Analysis: Rental Yield and Growth
Rezi 24 at Lorong 24 Geylang offers investors a projected gross rental yield of 3.2-4.0% based on 2026 resale prices around S$1,750-S$2,250 psf and rentals of S$4,000-S$7,000 monthly, with strong capital growth potential from Paya Lebar's transformation into a business hub[1][3][5].
This cluster article dives deep into Rezi 24's rental yield and appreciation outlook, helping Singapore property investors make informed decisions. As part of Homejourney's commitment to transparency and user safety, we verify all data from official sources like URA and provide actionable steps. For the full project overview, see our comprehensive Rezi 24 analysis.
Rezi 24 Project Snapshot for Investors
Rezi 24 is a freehold apartment developed by Development 24 Pte Ltd, a joint venture of KSH Holdings, Heeton Holdings, and Lian Beng Group, completed in 2023 with 110 units on a 26,188 sq ft site in District 14 (D14), Geylang near Paya Lebar[3][5]. Unit types range from 1- to 4-bedroom layouts (approx. 500-1,500 sq ft), featuring full-height glass windows and premium fittings ideal for rentals[3].
Located at Lorong 24 Geylang, it's minutes from Paya Lebar MRT (CC9, EW8), enhancing tenant appeal for professionals in the upcoming Paya Lebar Central business district[3][4]. Homejourney verifies these details to ensure you invest confidently in this Singapore condo.
Current Rental Yield Analysis
Rental yields at Rezi 24 are competitive for D14, estimated at 3.2-4.0% gross in 2026, calculated from recent resale psf of S$1,672-S$2,250 and average monthly rents: 1BR (~S$4,000), 2BR (~S$5,200), 3-4BR (~S$6,500-S$7,000)[3][10]. For a 657 sq ft 2BR unit resold at S$1,098,000, annual rent of S$62,400 yields ~3.8% after dividing by purchase price.
District 14's proximity to employment hubs drives demand from young professionals and expats, outperforming OCR averages amid low vacancy rates[1][2]. Insider tip: Geylang's vibrant food scene (hawker centres within 5-min walk) attracts tenants seeking urban lifestyle without CBD premiums.
Actionable Yield Calculation Steps:
- Check latest transactions on Homejourney's Rezi 24 project page.
- Estimate rent using unit size x D14 avg psf rent (S$7-9 psf)[1].
- Yield = (Annual Rent / Purchase Price) x 100. Factor 10-15% for maintenance/vacancy.
- Use our mortgage calculator for net yield post-financing at ~1.4% rates[1].
Capital Growth Potential in 2026 and Beyond
Rezi 24's freehold status and Paya Lebar Airbase redevelopment position it for 3-4% annual price growth, aligning with 2026 forecasts for private homes amid low supply (15,007 unsold units end-2025) and economic resilience[1][2]. Recent 2BR resales at S$1,672 psf reflect stabilization post-4Q25 dip (-0.2% non-landed)[1].
Government plans for Paya Lebar Central as a commercial hub will boost employment and tenant pools, enhancing resale liquidity[3]. Compared to nearby D14 condos, Rezi 24 offers value: lower entry psf than new launches like Skye at Holland, with freehold upside[1].
Historical trends show D14 resilience; OCR prices rose 0.8% qoq in 4Q25[1]. Limitation: Geylang's reputation may cap premium growth—seek professional valuation for personalized advice.
Rental Demand Drivers and Risks
Strong demand stems from MRT access (Paya Lebar 500m walk), nearby amenities like Paya Lebar Square, and schools (e.g., Geylang Methodist within 1km)[3][4]. Expats favor 2-3BR units for proximity to CBD (15-min drive via PIE).
Risks include area stigma near Geylang's vice zones, potentially slowing family rentals, and upcoming supply (4,575 GLS units 1H2026)[1][7]. Pros: Freehold rarity in D14; cons: Smaller site limits facilities. Best for yield-focused investors tolerant of urban vibe.
- High Demand Profiles: Young couples (1-2BR), expat professionals.
- Growth Catalysts: Circle Line Stage-6 (2025), Paya Lebar masterplan[4].
Investment Decision Framework
Evaluate Rezi 24 using this Homejourney framework:
For maintenance post-purchase, check Homejourney aircon services. Connect related insights: Rezi 24 Price Trends 2026 and Amenities Guide.
FAQ: Rezi 24 Rental Yield and Growth
What is the expected rental yield for Rezi 24 in 2026?
3.2-4.0% gross, based on S$1,750-2,250 psf buys and S$4k-7k rents. Net yields ~2.5-3.2% post-costs[3][10].
Is Rezi 24 a good property investment in D14?
Yes for yield seekers; freehold and location drive 3-4% growth amid positive 2026 outlook[1][2]. Consult agents via Homejourney agents.
How does Rezi 24 compare to nearby condos?
Stronger freehold value vs leaseholds; competitive psf with better MRT access than stigma-free alternatives[3].
What drives rental demand at Lorong 24 Geylang?
Paya Lebar MRT, business hub growth, amenities; ideal for professionals[3][4].
Disclaimer: Yields/prices are estimates from URA-aligned data as of 2026; actuals vary. Homejourney prioritizes verified info—always verify with professionals.
Ready to invest? Browse Rezi 24 listings or view full analysis on Homejourney, your trusted partner for safe Singapore property decisions. Speak to an agent today at Homejourney agents.
References
- Singapore Property Market Analysis 1 (2026)
- Singapore Property Market Analysis 3 (2026)
- Singapore Property Market Analysis 5 (2026)
- Singapore Property Market Analysis 4 (2026)
- Singapore Property Market Analysis 10 (2026)
- Singapore Property Market Analysis 2 (2026)
- Singapore Property Market Analysis 7 (2026)










