Proximity to MRT stations not essential for high rental yields: study
Some 56 per cent of projects with rental yields of 4 per cent or more are in the Outside Central Region, also known as the suburbs
Singapore
PROJECTS in close proximity to MRT stations do not necessarily command high rental yields, according to a study by real estate agency OrangeTee.
Twenty of 34 projects identified to have high rental yields are not within walking distance - defined as 400 metres or less - of an MRT station.