What is a good rental yield in Singapore?

Anything between 2.5-3% is considered good. If you can manage to get more than 3% then that’s great.

However do note that you must look at other factors and not just rental yield before investing.

Example - a new launch 99 year leasehold condo vs a new launch freehold condo right next to each other. The leasehold condo will most likely have a higher rental yield just because you would have paid less amount for the unit itself as compared to freehold.