---
title: Condo rental yield in Singapore: gross vs net return
canonical_url: https://propertysignals.ai/guides/condo-rental-yield
updated: 2026-09-01
---

# Condo rental yield in Singapore: gross vs net return

Canonical HTML guide: <https://propertysignals.ai/guides/condo-rental-yield>

Gross yield is a screening ratio. Net yield requires the actual costs of the property and ownership structure.

## Core calculations

`Gross yield = annual rent / purchase price`

`Net yield = (annual rent - annual holding costs) / purchase price`

Cash-on-cash return is different again because it includes the buyer's own cash and financing.

## What PropertySignals can show

For eligible Condo Rent Beta results, PropertySignals uses normalised URA private residential rental contracts alongside transaction medians to give broad gross-yield context. It is not live asking-rent data or a personalised net-return calculation.

The product excludes vacancy, property tax, MCST fees, repairs, insurance, agent costs, financing and changes in live asking rents. Results can be unavailable when the local sample is too thin.

## Build a net-return estimate with actual inputs

Use the current Annual Value and IRAS rules, the exact MCST contribution, reserve and planned works, a conservative occupancy assumption, insurance, repairs, reletting costs and financing separately.

## Related reading

- [Singapore property tax](https://propertysignals.ai/guides/property-tax)
- [HDB vs condo](https://propertysignals.ai/guides/hdb-vs-condo)
- [PropertySignals Estate Explorer](https://propertysignals.ai/estate-explorer)
- [IRAS rental-expense guidance](https://www.iras.gov.sg/media/docs/default-source/e-tax/e-tax-guide_iit_simplification_of_claim_of_rental_expenses_for_individuals.pdf?sfvrsn=5c9d3143_13)