Compare the yield with the rate you pay: a positive spread means rent covers interest
FreeFlowchart
Compare the yield with the rate you pay: a positive spread means rent covers interest
Diagram: how to read the spread
CSV download: members
Source: Yield and SORA from URA medians and SingStat table M700071, 2026 Q2.
View the data as a table
| Step | Detail | Leads to |
|---|---|---|
| Gross yield | 2.99% in 2026 Q2. before costs and vacancy | Yield above |
| Cost of borrowing | SORA 1.06% plus bank margin. (margin not in the data) | Yield above |
| Yield above | SORA + margin? | Positive spread (yes); Negative spread (no) |
| Positive spread | Rent covers the interest. (before costs, vacancy) | |
| Negative spread | You need price growth |
- Segment
- The overall market
- Chart type
- Flowchart
- Access
- FreeCSV download is for members.
How interest rates and yields affect property prices
More charts in this topic
How interest rates and yields affect property prices
The 3-month SORA rose 3.6 points in two years, to 3.73% in 2023 Q4
Key figuresFree
How interest rates and yields affect property prices
The 3-month rate fell from 7.4% in 1990 to near zero, then rose to 3.7% in 2023
Line chartFree
How interest rates and yields affect property prices
Rates sat near zero for years, then rose 3.6 points as debt rules tightened
TimelineFree
How interest rates and yields affect property prices
A rate rise squeezes the payment and borrowing room; the price effect is not clear
FlowchartFree