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
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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.
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