Savannah Condopark Investment: Rental Yield & Growth Analysis | Homejourney
Part of Savannah Condopark project analysis
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Savannah Condopark Investment: Rental Yield & Growth Analysis | Homejourney
Savannah Condopark in Simei Rise offers investors a solid rental yield of 3.7-4% with promising capital growth in District 18, driven by strong rental demand from families and professionals near Tampines and Pasir Ris.[1][2][6]
This cluster article dives deep into Savannah Condopark investment analysis: rental yield and growth, building on our comprehensive Savannah Condopark project overview. At Homejourney, we prioritize verified data and transparency to help you invest confidently in Singapore condos.
Current Rental Yields at Savannah Condopark
Savannah Condopark delivers an average gross rental yield of approximately 3.7-4%, making it competitive for D18 property investment.[1][6] This figure represents rental income as a percentage of property value, a key metric for passive income in Singapore's condo market.
Recent 2024 rentals show 3-bedroom units (1,200-1,300 sqft) fetching S$4,300 monthly at S$3.31-3.58 psf, while 4-bedroom units (2,300 sqft) reach S$6,500 at S$2.71-2.83 psf.[3] Yields are calculated using current sale prices around S$1,246 psf for a 4-bed unit at S$1,810,000.[5]
Actionable Tip: Use Homejourney's mortgage calculator to factor in financing costs and net yields. Always verify latest transactions via Homejourney property search.
Breakdown of Rental Yields by Unit Type
Smaller units like 2-bedrooms (1,000-1,100 sqft) yield higher at around 3.5-3.8% with rents of S$3,500-S$3,800.[3] Larger 4-5 bedroom family units (1,400-2,700 sqft) offer S$5,000-S$7,000 monthly, appealing to expatriates and local families in Simei Rise.[3]
| Unit Type | Size (sqft) | Avg Rent (S$/mth) | Rent PSF | Est. Yield |
|---|---|---|---|---|
| 2-Bed | 1,000-1,100 | S$3,500 | S$3.18-3.50 | 3.5-3.8% |
| 3-Bed | 1,200-1,300 | S$4,300 | S$3.31-3.58 | 3.7% |
| 4-Bed | 2,300 | S$6,500 | S$2.71-2.83 | 3.7-4% |
Disclaimer: Yields are estimates based on 2024 data; actual returns vary with market conditions. Consult URA for official transaction stats.
Capital Growth Potential in Simei Rise
Savannah Condopark's condo prices show steady appreciation, with historical lows at S$351 psf in 2004 rising to current S$1,246 psf.[1][5] District 18's family-oriented vibe in Tampines and Pasir Ris supports 4-5% annual growth, fueled by proximity to MRT and schools.
Rental demand remains robust due to nearby amenities like Cold Storage and Tampines Mart, ensuring low vacancy rates.[1] Future uplift from PIE expressway access and potential MRT expansions enhances long-term value.
Compared to D18 peers, Savannah offers value at mid-range PSF, positioning it for stronger resale liquidity. Read our full Savannah Condopark price trends analysis for charts.
Factors Driving Rental Demand and Growth
- Connectivity: 10-min walk to Simei MRT (Exit A), bus stops with services to CBD in 25 mins via PIE.
- Demographics: High demand from families near reputable schools like Temasek Polytechnic and Pasir Ris Primary.
- Economy: Tampines Regional Centre jobs boost professional rentals.
- Supply: Limited new D18 condos preserve scarcity value.
Insider Tip: Families prioritize larger units here for space; target 3-4 beds for quickest tenancies. For maintenance, check Homejourney's aircon services post-purchase.
Investment Evaluation Framework
Assess Savannah Condopark with this step-by-step guide:
- Calculate Yield: (Annual Rent / Purchase Price) x 100. Aim for >3.5% net.
- Project Growth: Review URA resale index for D18; factor 3-5% yearly.
- Stress Test: Simulate 10% price drop or 2-month vacancy.
- Verify Units: Browse listings on Homejourney.
- Consult Experts: Speak to a property agent for personalized advice.
Link to related insights: Savannah Condopark Price Trends & Market Analysis | Homejourney ">Savannah Condopark Price Trends and Savannah Condopark Amenities: Schools, Shopping, Transport Guide ">Amenities Guide.
Pros, Cons, and Who Should Invest
Pros: Stable 3.7-4% yields, family rental pool, growth from infrastructure.[1][6]
Cons: Older development (TOP pre-2010), higher maintenance for larger units; sensitive to interest rate hikes.
Best for long-term investors seeking passive income in D18. Not ideal for quick flips due to moderate liquidity.
FAQ
What is the rental yield for Savannah Condopark?
Average gross yield is 3.7-4%, with 3-bed units at ~3.7% based on recent S$4,300 rents.[1][6]
Is Savannah Condopark a good investment in 2026?
Yes, for yield-focused investors; expect 4-5% growth from D18 demand. Verify via Homejourney.[7]
How do Savannah Condopark condo prices compare in Simei Rise?
Current PSF ~S$1,246, competitive vs. nearby with strong rental upside.[5]
What drives rental demand at Savannah Condopark?
Proximity to MRT, schools, and malls like Tampines Mart attracts families.[1]
Where to find Savannah Condopark units for sale?
Search verified listings on Homejourney.
Ready to invest in Savannah Condopark investment analysis: rental yield and growth? Start with our detailed project page and connect with agents. Homejourney ensures safe, transparent property journeys.