Rentals have kept pace with the rise in private home prices, but not across the board.
"Rental yields remain at 3.7 per cent islandwide," Maybank Kim Eng said in a report that compared 2011 and 2012 rentals at projects with more than 10 rental contracts.
The minimal change in the figure indicates condominium rental rates have generally kept up with the increase in prices last year.
However, not all districts fared equally. The worst showings were in Newton and Sentosa, with yields compressing to just 2.2 per cent last year.
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