HDB Rental Yield by Town
The highest gross rental yields among Singapore HDB towns are in Jurong East and Jurong West (around 7.6% on a 4-room flat), where resale prices are low relative to rent. The lowest are in Toa Payoh (about 4.4%), where pricey flats hold yields down.
Ranked on the 4-room flat, the most liquid type. Yield is annual rent ÷ resale price. Tap a town for rent across every flat type.
| # | Town | Median rent /mo | Median resale | Gross yield |
|---|---|---|---|---|
| 1 | Jurong East | $3,450 | $547,444 | 7.6% |
| 2 | Jurong West | $3,400 | $540,000 | 7.6% |
| 3 | Bedok | $3,300 | $588,888 | 6.7% |
| 4 | Ang Mo Kio | $3,400 | $610,444 | 6.7% |
| 5 | Choa Chu Kang | $3,100 | $558,000 | 6.7% |
| 6 | Yishun | $3,100 | $565,000 | 6.6% |
| 7 | Woodlands | $3,000 | $558,000 | 6.5% |
| 8 | Marine Parade | $3,500 | $668,000 | 6.3% |
| 9 | Bukit Panjang | $3,000 | $574,000 | 6.3% |
| 10 | Pasir Ris | $3,300 | $638,444 | 6.2% |
| 11 | Serangoon | $3,400 | $660,000 | 6.2% |
| 12 | Tampines | $3,400 | $665,000 | 6.1% |
| 13 | Bukit Batok | $3,250 | $640,000 | 6.1% |
| 14 | Geylang | $3,500 | $685,000 | 6.1% |
| 15 | Hougang | $3,200 | $625,000 | 6.1% |
| 16 | Sembawang | $3,100 | $615,000 | 6% |
| 17 | Sengkang | $3,200 | $646,444 | 5.9% |
| 18 | Punggol | $3,200 | $683,888 | 5.6% |
| 19 | Clementi | $3,900 | $849,888 | 5.5% |
| 20 | Bishan | $3,600 | $800,000 | 5.4% |
| 21 | Bukit Merah | $3,900 | $933,000 | 5% |
| 22 | Kallang/Whampoa | $3,700 | $903,000 | 4.9% |
| 23 | Queenstown | $4,100 | $998,500 | 4.9% |
| 24 | Bukit Timah | $3,700 | $920,342 | 4.8% |
| 25 | Central Area | $4,300 | $1,184,444 | 4.4% |
| 26 | Toa Payoh | $3,650 | $988,000 | 4.4% |
How HDB rental yield differs across towns
Gross rental yield is the clearest way to compare HDB towns as an income asset: it divides a year of rent by the resale price. On a 4-room flat, Jurong East leads at about 7.6%, while Toa Payoh sits near 4.4%. Yields run highest where resale prices are low relative to rent, which usually means older flats in non-central towns with shorter remaining leases. Central, mature towns rent for more in absolute terms but their high purchase prices pull yields down. All figures come from Singapore's data.gov.sg open data and are updated monthly.