When it comes to property investment in Singapore, rental yield is a big deal. In 2025, two exciting new condo launches—Skye at Holland and Penrith—are attracting investors who want strong returns and long-term growth. But which one offers better rental yield? Let’s take a closer look at both developments to help you make a smart decision.
Skye at Holland: A Freehold Gem in Prime District 10
Located along Holland Road, Skye at Holland is a boutique freehold condo that sits right in the heart of District 10—one of Singapore’s most desirable locations. This upscale development is all about luxury, location, and lifestyle.
1. Prime Location = Premium Rent
Skye at Holland is just a 5-minute walk from Holland Village MRT. This makes it super attractive for tenants who want quick access to the Circle Line and central business hubs like Buona Vista, One-North, and the CBD. Tenants love Holland Village for its café culture, nightlife, and charm. That’s a huge rental advantage.
2. Appeal to Expat Tenants
Expatriates working in the nearby tech and biomedical hubs are drawn to this area. With its freehold status and exclusive feel, Skye at Holland attracts high-paying tenants who are willing to pay top dollar for a well-connected, stylish home.
3. Modern Amenities
Though it’s a low-density project, Skye at Holland still offers rooftop pools, gyms, and private balconies. The elegant finishes and thoughtful layouts mean units are move-in ready and ideal for executive rentals.
4. Strong Rental Demand
According to past trends in the Holland area, rental demand has been consistently strong. With new launches priced at a premium, landlords at Skye at Holland can expect rental yields in the range of 3% to 3.5%, depending on unit type and floor plan.
Penrith: City Fringe Convenience with Long-Term Potential
Located at Sims Avenue in District 14, Penrith is a modern leasehold development that brings together convenience and urban lifestyle. It’s close to the Aljunied MRT station, which makes daily commutes fast and simple.
1. City Fringe Advantage
Being on the edge of the city, Penrith enjoys quick access to the CBD, Paya Lebar commercial hub, and schools like Kong Hwa and Geylang Methodist. This makes it a great choice for both working professionals and families looking to rent near town.
2. More Affordable Entry Price
Compared to Skye at Holland, Penrith comes with a lower price tag. This means investors can enter the market with less capital, yet still enjoy solid rental income. Lower purchase prices often lead to higher rental yield percentages, and Penrith is no exception.
3. Full Condo Facilities
Penrith offers modern lifestyle amenities like a lap pool, BBQ pits, gym, children’s playground, and sky terrace. These are great value-adds for tenants who want more than just a place to sleep—they want comfort, too.
4. Rental Demand in Geylang Area
District 14 is known for its lively food scene and strong rental demand, especially among young couples and working adults. Investors can expect rental yields of about 3.5% to 4%, thanks to a high tenant base and competitive rent prices in the area.
Rental Yield Showdown: Who Wins?
Let’s break it down in simple terms:
| Feature | Skye at Holland | Penrith |
| Tenure | Freehold | 99-year leasehold |
| MRT Access | 5 mins to Holland Village MRT | 6 mins to Aljunied MRT |
| District | Prime District 10 | City Fringe District 14 |
| Target Tenants | Expats, executives | Young professionals, families |
| Estimated Rental Yield | 3%–3.5% | 3.5%–4% |
| Amenities | Rooftop pool, gym | Full condo facilities |
Which Should You Choose?
If your goal is long-term capital appreciation in a prime location with lower tenant turnover and a strong expat base, Skye at Holland is a great pick. Its freehold status and prestigious address make it ideal for buyers who value long-term growth and stability.
On the other hand, if you want higher rental yield and a more affordable entry point, Penrith could offer better short-term returns. The city fringe location, attractive pricing, and strong rental demand make it appealing to investors focused on monthly income and cash flow.
The Bottom Line
Both Skye at Holland and Penrith offer excellent investment opportunities in 2025. Skye at Holland brings timeless value with its freehold status and Holland Village charm, while Penrith offers strong rental yield potential in a city-fringe setting. The best choice depends on your investment goals—whether you’re prioritizing rental returns, capital appreciation, or a balance of both.
Explore more about Skye at Holland and Penrith to see which project fits your strategy best. Either way, these are two standout developments in Singapore’s exciting 2025 condo market.
Prime Star