Thanks to bro/sis amk for this thread:
http://forums.condosingapore.com/showthread.php?t=15465
This is to discuss the implication:
on URA new initiative to show the rental contracts. With such clear visibility, I believe it will result in more realistic asking price.
Say buyer is willing to accept 3-4% rental yield for a particular unit, looking at recent months contract say is $4000, this translates to a property price of $1.2m (to get 4% yield) up to $1.6m (to get 3% yield).
So is win-win to all party. Seller can peg the price at a reasonable range, buyer has a clear indication of rental yield (so won't over pay for a property).