Goodwood Residence Investment Analysis: Rental Yield and Growth
Goodwood Residence on Bukit Timah Road offers investors rental yields of 1.6-2.8% and steady capital growth, with average prices at $2,785 psf as of late 2025, making it a solid choice for District 10 (D10) property investment.
Homejourney verifies all data to ensure you make confident decisions in a safe, trusted environment. This cluster focuses on rental yield and growth potential, linking back to our comprehensive Goodwood Residence Singapore D10 Condo Guide pillar content for full project details.
Project Overview for Investors
Goodwood Residence is a freehold condominium completed in 2013 with 210 units across 12 floors, developed by Goodwood Residence Development Pte Ltd.[1][2][4] Located at Bukit Timah Road in prime D10 (Tanglin, Holland area), it appeals to families and expats seeking exclusivity.[1]
Unit mix includes 2-bedroom (from $2.9M), 3-bedroom ($4.8M), 4-bedroom ($6.7M), 4-bedroom deluxe ($7.4M), and penthouses up to $17M.[1] As a mature freehold asset, it supports strong rental demand from nearby schools and amenities. For listings, browse available units at Goodwood Residence on Homejourney.
Current Rental Yields at Goodwood Residence
Rental yields at Goodwood Residence range from 1.64% for penthouses to 2.42% for 4-bedroom deluxe units, with an overall average of 2.8% based on recent URA data.[1][2] For a 2-bedroom unit priced at $2.9M, expect monthly rents of $5,036 psf, yielding 2.01% gross.[1] Larger 4-bedroom units rent for $12,515-$15,518 monthly, offering 2.16-2.42% yields.[1]
Indicative rental ranges are $3.6-$7.8 psf per month, averaging $6.4 psf, supporting yields above 2% for most units.[2] Second property buyers face slightly lower yields (1.47-2.17%) due to ABSD, but freehold status preserves long-term value.[1] Homejourney's verified data helps you calculate precise returns—use our mortgage calculator for monthly payments including rental offsets.
| Unit Type | Avg Price ($) | Monthly Rent ($) | Rental Yield (%) |
|---|---|---|---|
| 2-Bedroom | 2,899,329 | 5,036 | 2.01 |
| 3-Bedroom | 4,800,890 | 9,456 | 2.28 |
| 4-Bedroom | 6,699,420 | 12,515 | 2.16 |
| 4-Bedroom Deluxe | 7,399,056 | 15,518 | 2.42 |
| Penthouse | 17,002,494 | 24,165 | 1.64 |
Note: Yields are gross estimates; net yields factor in maintenance and vacancy. Data from 2025 transactions.[1][2]
Price Trends and Capital Growth Potential
Average psf prices reached $2,785 in recent 12 months, up from historical lows, with peaks at $2,988 in Sep 2023 and current listings at $2,600-$3,460 psf.[2] Freehold tenure and D10 location drive appreciation, with 2025 rentals like $10,500 (3-bed) and $16,800 confirming demand.[8]
Compared to nearby freehold peers, Goodwood Residence's $2,512 avg psf offers value in a maturing market.[1] District 10 condo prices have grown steadily post-2013 TOP, supported by limited supply and expat influx. Future growth factors include proximity to PIE/CTE expressways and ongoing Tanglin enhancements.Goodwood Residence Price Trends & Market Analysis | Homejourney
Insider tip: Units with greenery views command 5-10% premium rents due to exclusive landscaping—prioritize low-floor options for families.[1] Track trends via Homejourney's detailed project analysis of Goodwood Residence.
Factors Driving Rental Demand and Yields
Strong rental demand stems from D10's schools (e.g., Nanyang Primary, 1km away) and malls like Cold Storage (walking distance).[2] Expats favor the area for its 10-15 min drive to CBD via CTE, with bus/MRT access via nearby Holland Village.[1]
Recent rentals: $7,500-$22,000 monthly across units, with 3-4 bed units most liquid.[3][4] Yields beat district averages due to freehold appeal and facilities like pool, gym, and 24-hour security.[4] For maintenance post-purchase, check Homejourney's aircon services.
- High Demand Profiles: Expats (60% rentals), young families seeking space.
- Yield Boosters: Short walk to supermarkets, parks; low vacancy in freeholds.
- Risks: Competition from new launches; monitor URA cooling measures.
Investment Pros, Cons, and Actionable Steps
Pros: Freehold security, 2-2.8% yields, 5-7% annual growth potential from scarcity.[1][2] Suited for buy-to-let investors targeting expats.
Cons: Higher entry ($2.9M+), sensitivity to interest rates; penthouses yield lower.[1] Not ideal for quick flips due to premium pricing.
Actionable steps for investors:
- Verify yields with recent URA data on Homejourney projects directory.
- Assess financing via bank rates; aim for 25% downpayment.
- Step 3: Speak to a property agent about Goodwood Residence on Homejourney.
- Compare with peers like Flynn Park via property search.Flynn Park Investment Returns: Rental Yield Analysis | Homejourney
- Factor ABSD for second properties; project 3-5% growth by 2028 from infrastructure.
Disclaimer: Prices/yields fluctuate; consult professionals. Homejourney prioritizes transparency with verified insights.
FAQ: Goodwood Residence Rental Yield and Growth
What is the average rental yield at Goodwood Residence?
Average gross yield is 2.8%, with 2-4 bed units at 2-2.4%.[2] Yields vary by unit size and ABSD status.[1]
Is Goodwood Residence a good investment for rental income?
Yes, for long-term holders; strong D10 demand supports 2%+ yields and growth.[1][2] Best for expat rentals.
How have condo prices grown at Goodwood Residence?
Avg $2,785 psf recently, from $2,512 historical; peaks near $3,000 psf.[1][2]
What affects rental yields in D10?
Freehold tenure, schools, CBD access boost demand; check URA for updates.[2]
Where to find Goodwood Residence units for sale?
Search on Homejourney for verified listings.
Ready to invest? View comprehensive analysis of Goodwood Residence and connect with trusted agents on Homejourney for safe, transparent transactions.