
Singapore rental property market amongst the worst
Investors wanting higher rental yields of up to 10% might like to consider Moldova.
Gross rental yield per annum in Singapore is just 2.95%, reckons Global Property Guide. The city was given only two stars for long-term investment rating.
Long Term Investment Rating is based on many factors as gross rental yield, income tax, capital gains tax, round-trip transaction costs, potential landlord and tenant problems, long-term GDP growth, potential over-supply, affordability, and a view of long-term appeal to investors.
According to Global Property Guide good points of Singapore property market include strong and stable economy, low transaction costs, and pro-landlord rental market. Weak points of the city meanwhile are very low yields and moderate rental income tax.
The table below shows the top 10 property markets where you could expect highest rental yields per annum.
Moldova obviously has the highest rental yields but invest at your own risk as it has severe secessionist problem.
The bottom 10 property markets meanwhile are as follows: