3 Room HDB Rental Yield
Last updated: 3 October 2026
3 Room HDB Rental Yield
From October 2025 to September 2026, the median 3 Room HDB rental yield was 7.58% across 24 Singapore towns. Among towns with sufficient transaction volume, estimated yields ranged from 6.28% in Punggol to 9.16% in Toa Payoh, a spread of 2.88 percentage points. Toa Payoh recorded the highest yield, supported by a median resale price of $380,000 and median monthly rent of $2,900.
9.16%
6.28%
Bukit Merah
3 Room HDB Rental Yield and Rental Trend
This chart tracks monthly estimated rental yield and rental transaction volume
for 3 Room HDB flats from October 2025 to September 2026.
Highest Yield Towns for 3 Room HDB Flats
Toa Payoh
9.16% yield
$2,900 median rent
Geylang
8.98% yield
$2,850 median rent
Bukit Merah
8.37% yield
$3,000 median rent
Clementi
8.29% yield
$3,000 median rent
Lowest Yield Towns for 3 Room HDB Flats
Punggol
6.28% yield
$2,850 median rent
Sengkang
6.40% yield
$2,900 median rent
Sembawang
6.46% yield
$2,800 median rent
Bukit Panjang
6.78% yield
$2,600 median rent
Most Expensive 3 Room HDB Rentals
Median rent shows the typical market level, while individual rental records can highlight the upper end of the 3 Room HDB rental market.
From October 2025 to September 2026, the four most expensive recorded monthly rentals were:
$6,200
Bukit Merah
42 Kim Cheng St
August 2026
$5,500
Bukit Merah
49 Kim Pong Rd
September 2026
$5,500
Bukit Merah
47 Moh Guan Ter
April 2026
$5,500
Bukit Merah
36 Moh Guan Ter
February 2026
These are individual rental transactions and may not reflect typical market rents.
Monthly rent can vary depending on factors such as flat condition, furnishings, floor level, lease duration and location.
3 Room HDB Rental Yield Ranking by Town
This table ranks towns by estimated gross rental yield, calculated as annualised median monthly rent
divided by median resale price. To keep the comparison meaningful, only towns with sufficient resale and rental activity
during the rolling 12-month period are included.
| Rank | Town | Median Resale Price | Median Monthly Rent | Rental Yield | Resale Txns | Rental Txns |
|---|---|---|---|---|---|---|
| 1 | Toa Payoh | $380,000 | $2,900 | 9.16% | 423 | 933 |
| 2 | Geylang | $380,800 | $2,850 | 8.98% | 317 | 602 |
| 3 | Bukit Merah | $430,000 | $3,000 | 8.37% | 299 | 988 |
| 4 | Clementi | $434,000 | $3,000 | 8.29% | 206 | 803 |
| 5 | Jurong West | $393,000 | $2,700 | 8.24% | 303 | 551 |
| 6 | Jurong East | $410,000 | $2,800 | 8.20% | 177 | 379 |
| 7 | Bedok | $417,250 | $2,800 | 8.05% | 504 | 1,140 |
| 8 | Queenstown | $450,000 | $3,000 | 8.00% | 342 | 1,005 |
| 9 | Bukit Batok | $412,000 | $2,700 | 7.86% | 329 | 582 |
| 10 | Kallang/Whampoa | $460,000 | $3,000 | 7.83% | 315 | 779 |
| 11 | Ang Mo Kio | $431,444 | $2,800 | 7.79% | 422 | 1,352 |
| 12 | Marine Parade | $470,000 | $3,000 | 7.66% | 60 | 230 |
| 13 | Yishun | $432,500 | $2,700 | 7.49% | 416 | 720 |
| 14 | Woodlands | $410,000 | $2,500 | 7.32% | 207 | 235 |
| 15 | Serangoon | $464,000 | $2,800 | 7.24% | 94 | 305 |
| 16 | Central Area | $550,000 | $3,300 | 7.20% | 65 | 366 |
| 17 | Hougang | $452,250 | $2,700 | 7.16% | 254 | 533 |
| 18 | Tampines | $490,000 | $2,850 | 6.98% | 369 | 722 |
| 19 | Choa Chu Kang | $458,000 | $2,650 | 6.94% | 69 | 89 |
| 20 | Bishan | $530,000 | $3,000 | 6.79% | 62 | 180 |
| 21 | Bukit Panjang | $460,444 | $2,600 | 6.78% | 104 | 133 |
| 22 | Sembawang | $520,000 | $2,800 | 6.46% | 98 | 37 |
| 23 | Sengkang | $544,000 | $2,900 | 6.40% | 135 | 130 |
| 24 | Punggol | $545,000 | $2,850 | 6.28% | 181 | 179 |
Compare HDB Rental Yields by Flat Type
Compare median town-level rental yields across major HDB flat types in Singapore.
| Flat Type | Median Yield | Highest Yield | Qualified Towns |
|---|---|---|---|
| 2 Room | 7.30% | 10.34% | 8 |
| 3 Room | 7.58% | 9.16% | 24 |
| 4 Room | 6.20% | 7.85% | 25 |
| 5 Room | 5.35% | 6.99% | 24 |
| Executive | 4.99% | 6.12% | 15 |
Methodology
Gross rental yield is estimated by dividing annualised median monthly rent by median resale price.
As a gross yield measure, it excludes property tax, maintenance fees, vacancy periods, agent fees,
renovation costs, financing costs and other ownership expenses. Town-level rankings include only towns
with sufficient resale and rental transaction activity over the latest rolling 12-month period to support
meaningful comparisons.
3 Room HDB Rental Yield FAQs
What is the median 3 Room HDB rental yield in Singapore?
From October 2025 to September 2026, the median town-level 3 Room HDB rental yield in Singapore was 7.58%, based on 5,751 resale transactions and 12,973 rental transactions across 24 towns.
Which town has the highest 3 Room HDB rental yield?
Toa Payoh recorded the highest estimated 3 Room HDB rental yield at 9.16%, based on a median resale price of $380,000 and median monthly rent of $2,900.
Which town has the lowest 3 Room HDB rental yield?
Punggol recorded the lowest estimated 3 Room HDB rental yield at 6.28%, based on a median resale price of $545,000 and median monthly rent of $2,850.
Which town recorded the highest 3 Room HDB monthly rent?
From October 2025 to September 2026, the highest recorded monthly rent for a 3 Room HDB flat was $6,200 in Bukit Merah at 42 Kim Cheng St in August 2026.
Which towns offer the best rental yields for 3 Room HDB flats?
From October 2025 to September 2026, Toa Payoh, Geylang, and Bukit Merah recorded the highest estimated rental yields for 3 Room HDB flats among towns with sufficient transaction volume.
Which towns have the lowest rental yields for 3 Room HDB flats?
From October 2025 to September 2026, Punggol, Sengkang, and Sembawang recorded the lowest estimated rental yields for 3 Room HDB flats among towns with sufficient transaction volume.
How is 3 Room HDB rental yield calculated?
3 Room HDB rental yield is calculated as annualised median monthly rent divided by median resale price, then multiplied by 100. For example, a flat with median monthly rent of $2,900 and median resale price of $380,000 would have an estimated gross rental yield of 9.16%.
Does a higher 3 Room HDB rental yield mean a better investment?
Not necessarily. Rental yield measures rental income relative to resale price, but it does not account for capital appreciation, vacancy periods, property tax, maintenance costs, agent fees, renovation costs, financing costs or lease decay.
How often is the 3 Room HDB rental yield data updated?
This page is refreshed when new HDB resale and rental transaction data is available. It was last updated on 3 October 2026 and currently uses the rolling 12-month period from October 2025 to September 2026.