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Anonymous

06 Feb 2022

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Career

How many properties do I need to own in Singapore, if I want to live 100% off passive rental income?

Discussion (3)

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Ka Yan

08 Feb 2022

User Researcher at Seedly

Agree with the rest that it depends on your own monthly expenses!

When considering rental income, it's also important to take note of other expenses like property tax, management fees for condos, agent fees etc., that will reduce your net rental income

It depends on how much monthly income you need to meet your expenses.

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If you need $4,000/month to live off, for instance, you would need a $2.4 million property (or the equivalent, such as 2 x $1.2 million properties) with an annual net yield of 2% to produce that monthly income.

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Have a look at this guide on buying commercial properties: https://www.providecover.com/best-guide-for-buy...

Billy

06 Feb 2022

Development & Acquisitions Manager at Real Estate Private Equity

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  • The key consideration is how much your monthly expenses are
  • If on average your monthly renta...

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