新加坡房产2012年租金回报率(各个地区租金回报率比较)-投资理财-新加坡狮城论坛

本帖最后由 DIYer 于 8-4-2013 20:55 编辑

网上看到的，MayBank Kim Eng Research 做的，大家自己看看吧，

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Recently I read a very meaningful report by MayBank Kim Eng Research published on The Straits Times on the rental yields of residential properties in Singapore in 2012, which I think is very helpful for aspiring property investors and even seasoned investors.

Rentals yield in Singapore averages at about 3.7% and unlike traditionally, rental returns were the highest in the suburban residential district, and the lowest yields were districts in the core central district. This is because of the higher quantum price of apartments in the core central area and the shrinking rental budgets for the potential pool of tenants.

Lets try to understand these figures and the factors contributing to the various rental yields.

1) Shrinking rental budgets

Majority of the tenant market make up of expatriates which companies pay for their rent, some companies assist in finding and securing a place for their expatriates to live in while other gives a budget as part of the pay package to their expatriates and they are responsible to find their own place to live in. In today’s highly competitive business environment, companies are not as generous as before when it comes to accommodation for their expatriates.

With shrinking rental budgets, tenants’ core priority now will be to look for apartments that fit their budget. While proximity to the city areas are still an important factor in their decision-making process, it can be compromised with the convenience of transportation, especially since the transportation network in Singapore is very comprehensive and it is totally acceptable if it takes you less than 30 minutes to get to the city areas.

With rising rents across Singapore due to scarcity of land and increased population, tenants now have no choice but to choose a location that is not as ideally close to the city centre as rents will be cheaper in ’not so prime’ locations.

This budget constraint automatically push a significant number of potential tenants out of the core centre districts such as Orchard, Newton and Novena.

2) Decentralising business locations

As the Central Business District (CBD) gets more competitive in rents due to limited land supply, business will look to move out of the central districts and settle at the fringe areas or even suburban districts. One good example is the MapleTree Business City in Alexandra and the Jurong Business District that is the up and coming revamp of the West region. With businesses decentralising out of the core central districts, it can be expected that rental demands for districts with business hubs to rise tremendously as people would want to live near their work places. Especially given that rents is the suburban areas will be alot cheaper than those in the central regions.

Buying an Investment Property For Rental
When you are looking at buying an investment property for rental, you need to know who is your target tenant. That will give you an indication whether this property will be ‘easy’ to rent out or whether you can command a premium price for it in the future. For example, properties in Jurong estate will be sought after by overseas students who are studying in the nearby National Technology University (NTU) and employees who are working the petroleum industry in Jurong Island. On the other hand, Woodlands area may see many Malaysians who work in Singapore but want to travel back to Malaysia often.

Rental yield and rentability sometimes mean different things. High rental yield can achieved when quantum price is low while rentability is whether your property can be rented out continually; this will have to depend on broader factors that affects demand, such that whether there are many tenants looking to rent in that particular district. The development of estate, such as the revamp of Jurong estate into a business hub is a good tell-tale sign of the potential tenant market in the future.

An ideal investment property for rental will be a property that has these two attributes: high rental yield and high rentability.

Fisheye Viewpoint:
The Jurong, Queenstown, Alexandra/ Bukit Merah districts in my opinion has good potentials that possess the above attributes. The government has announced plans to revamp these few districts to make them into robust, striving business districts, the MapleTree Business City is just a demonstration that is still in its very initial stage and its potential has not been fully realised.

In the next few years, we will see a more obvious trend that businesses are moving out of the central business districts and relocating to suburban areas which have similar level of connectivity and technology as infrastructures in the traditional CBD.

When businesses move, so will their employees. For property investors who are eyeing the rental market, there is tremendous opportunity when this comes.

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发表于 8-4-2013 20:22:29 | 显示全部楼层

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Recently I read a very meaningful report by MayBank Kim Eng Research published on The Straits Times on the rental yields of residential properties in Singapore in 2012, which I think is very helpful for aspiring property investors and even seasoned investors.

Rentals yield in Singapore averages at about 3.7% and unlike traditionally, rental returns were the highest in the suburban residential district, and the lowest yields were districts in the core central district. This is because of the higher quantum price of apartments in the core central area and the shrinking rental budgets for the potential pool of tenants.

Lets try to understand these figures and the factors contributing to the various rental yields.

1) Shrinking rental budgets

Majority of the tenant market make up of expatriates which companies pay for their rent, some companies assist in finding and securing a place for their expatriates to live in while other gives a budget as part of the pay package to their expatriates and they are responsible to find their own place to live in. In today’s highly competitive business environment, companies are not as generous as before when it comes to accommodation for their expatriates.

With shrinking rental budgets, tenants’ core priority now will be to look for apartments that fit their budget. While proximity to the city areas are still an important factor in their decision-making process, it can be compromised with the convenience of transportation, especially since the transportation network in Singapore is very comprehensive and it is totally acceptable if it takes you less than 30 minutes to get to the city areas.

With rising rents across Singapore due to scarcity of land and increased population, tenants now have no choice but to choose a location that is not as ideally close to the city centre as rents will be cheaper in ’not so prime’ locations.

This budget constraint automatically push a significant number of potential tenants out of the core centre districts such as Orchard, Newton and Novena.

2) Decentralising business locations

As the Central Business District (CBD) gets more competitive in rents due to limited land supply, business will look to move out of the central districts and settle at the fringe areas or even suburban districts. One good example is the MapleTree Business City in Alexandra and the Jurong Business District that is the up and coming revamp of the West region. With businesses decentralising out of the core central districts, it can be expected that rental demands for districts with business hubs to rise tremendously as people would want to live near their work places. Especially given that rents is the suburban areas will be alot cheaper than those in the central regions.

Buying an Investment Property For Rental
When you are looking at buying an investment property for rental, you need to know who is your target tenant. That will give you an indication whether this property will be ‘easy’ to rent out or whether you can command a premium price for it in the future. For example, properties in Jurong estate will be sought after by overseas students who are studying in the nearby National Technology University (NTU) and employees who are working the petroleum industry in Jurong Island. On the other hand, Woodlands area may see many Malaysians who work in Singapore but want to travel back to Malaysia often.

Rental yield and rentability sometimes mean different things. High rental yield can achieved when quantum price is low while rentability is whether your property can be rented out continually; this will have to depend on broader factors that affects demand, such that whether there are many tenants looking to rent in that particular district. The development of estate, such as the revamp of Jurong estate into a business hub is a good tell-tale sign of the potential tenant market in the future.

An ideal investment property for rental will be a property that has these two attributes: high rental yield and high rentability.

Fisheye Viewpoint:
The Jurong, Queenstown, Alexandra/ Bukit Merah districts in my opinion has good potentials that possess the above attributes. The government has announced plans to revamp these few districts to make them into robust, striving business districts, the MapleTree Business City is just a demonstration that is still in its very initial stage and its potential has not been fully realised.

In the next few years, we will see a more obvious trend that businesses are moving out of the central business districts and relocating to suburban areas which have similar level of connectivity and technology as infrastructures in the traditional CBD.

When businesses move, so will their employees. For property investors who are eyeing the rental market, there is tremendous opportunity when this comes.