Harmony @ 1a Investment Returns: Rental Yield Analysis
Harmony @ 1a on Lim Ah Pin Road offers investors strong rental yields of 3-4.6% based on recent transactions, making it a compelling choice in District 19 for buy-to-let strategies.
Homejourney verifies all data to ensure transparency, helping you assess Harmony @ 1a investment returns: rental yield analysis with confidence in a trusted environment.
Connecting to Our Pillar: District 19 Condo Investment Guide
This cluster dives deep into rental yields at Harmony @ 1a, supporting our comprehensive pillar on D19 properties. For full market context, explore Harmony @ 1a project analysis on Homejourney, featuring verified transaction history and trends.
Rental Yield Breakdown for Harmony @ 1a
Rental yields at Harmony @ 1a average 3.65% gross, with 1-bedroom units reaching up to 4.61% based on recent data.[2] For a typical 2-bedroom unit (900-1000 sqft) rented at $2,800 monthly, expect yields around 3.67% on a $1M purchase price.[1]
1-bedroom units (400-600 sqft) rent for $1,650-$2,800 (avg $2,155), yielding 4.11%.[1] 3-bedroom units (1200-1300 sqft) fetch $3,000-$4,200 (avg $3,375), with 3.56% yields.[1] These figures outperform many D19 freehold condos, driven by strong tenant demand near Serangoon and Hougang.
Actionable Tip: Calculate your yield using: (Annual Rent / Purchase Price) x 100. Homejourney's tools verify listings for accurate projections.
Recent Rental Transactions (2023-2024)
- Dec 2024: 1BR, $2,800 (500-600 sqft), $5.22 PSF[3]
- Sep 2024: 3BR, $4,200 (1200-1300 sqft), $3.16 PSF[3]
- Jul 2024: 2BR, $3,800 (900-1000 sqft), $4.00 PSF[1]
- Aug 2024: 1BR, $2,750[3]
- Feb 2024: 1BR, $2,500[3]
Volumes show steady demand: 22 x 1BR, 11 x 2BR, 8 x 3BR rentals.[1]
Sale Prices and Yield Impact
Recent resales average $1,139-$1,226 PSF for 2-3BR units (e.g., $861K for 700 sqft, $1.188M for 969 sqft).[3][4] No sales in last 3 years indicate low turnover, preserving value for holders.[3] Historical profits: 2BR avg $173K gain (2.79% annualized), 3BR $186K (5.28%).[1]
Yields remain attractive as rents outpace sale PSF growth. View all Harmony @ 1a for sale units on Homejourney.
Factors Driving Strong Yields
Freehold tenure boosts long-term appeal.[2] Proximity to NE13 Kovan MRT (6-min walk, 462m)[6] attracts professionals. Tenant mix includes expats and locals upgrading from HDB.
- High Demand: Serangoon/Hougang job hubs, low vacancy.
- Rent Growth: 1BR up from $2,100 avg (recent) to $2,683 high.[1]
- Low Supply: Limited freehold units in D19.
Compare to nearby: Harmony @ 1a rents $2.85-$5.00 PSF vs. The Old House $3.08-$3.33.[3] Read our Harmony @ 1a Price Trends & Market Analysis | Homejourney ">Harmony @ 1a Price Trends & Market Analysis for deeper insights.
Investment Evaluation Framework
Assess Harmony @ 1a with these steps:
- Yield Calc: Use recent rents ($2,500-$4,200) vs. $1,000K-$1.4M buys.[1][3]
- Appreciation: 1.93-5.28% annualized historically.[1]
- Risks: ABSD for investors (60% for foreigners); factor maintenance via Aircon Services ">Homejourney aircon services.
- Verify: Check URA data; Homejourney cross-verifies for safety.
Disclaimer: Yields are estimates; consult professionals. Past performance isn't indicative of future results.
Location Boosts Tenant Appeal
In D19 (Serangoon/Hougang), enjoy Kovan MRT (Exit A, 6 mins), NEX Mall (10-min walk), and schools like CHIJ Our Lady of Good Counsel (1km). Parks like Serangoon Gardens add lifestyle value, supporting premium rents.
Future uplift from nearby developments enhances capital growth. Pair with Harmony @ 1a For Sale: District 19 Condo Units & Investment Guide ">Harmony @ 1a For Sale Guide.
Financing for Investors
For a $1.1M 2BR: 25% down ($275K, CPF eligible), loan $825K at 3% (est. $3,500/month).Bank Rates ABSD: 17% for PRs, 60% foreigners. Use Homejourney mortgage calculator for precision. See Harmony @ 1a Home Loan & Financing Guide | Homejourney ">Harmony @ 1a Home Loan Guide.
FAQ
What is the average rental yield at Harmony @ 1a?
3.65% gross, with 1BR up to 4.61%.[1][2]
Are there Harmony @ 1a units for sale?
Yes, browse verified listings: View units for sale.
How does Harmony @ 1a compare for investment in D19?
Superior freehold yields vs. nearby; strong tenant demand near MRT.[3]
What rents can I expect for 2BR units?
$2,200-$3,800 (avg $2,791), 3.67% yield.[1]
Is Harmony @ 1a good for first-time investors?
Yes, with 3-4% yields and appreciation; start with Homejourney agents.
Ready to invest? Browse Harmony @ 1a for sale on Homejourney, your trusted platform for safe, verified property decisions. Link back to our District 19 pillar for more.