Type

Units

Min Area

Price Range

3 BR

1173 sqft

From S$1.7XM

4+ BR

2196 sqft

From S$3.0XM

Property Highlights

Spacious 4-bedroom, 3-bathroom unit across 2,196 sqft in prime Bayshore location
Just 5 minutes walk (400m) from TE29 Bayshore MRT Station for seamless connectivity
S$2,999,999 asking price positions property at accessible entry point for this catchment
East Coast location offers balanced lifestyle between urban convenience and coastal proximity
Well-appointed condominium development with established reputation in sought-after precinct

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Ref: 500127616

Bayshore Park: A Substantial Family Residence in Singapore's Coveted East Coast Corridor

Located at 60 Bayshore Road, Bayshore Park stands as a sophisticated residential address within one of Singapore's most desirable neighbourhoods. This four-bedroom, three-bathroom condominium spans an impressive 2,196 square feet, positioning it as an ideal choice for growing families, established professionals, and astute property investors alike. Priced at S$2,999,999, this residence represents a meaningful investment in one of the island's most stable and forward-looking communities.

Proximity to Public Transport and Urban Connectivity

One of the most compelling advantages of this Bayshore Park residence is its exceptional proximity to TE29 Bayshore MRT Station, situated merely 400 metres away—approximately a five-minute leisurely walk. This strategic positioning ensures that residents enjoy effortless access to Singapore's broader urban ecosystem without the noise and congestion typically associated with being immediately adjacent to a major transport hub. The East Coast Line connection provides direct access to multiple business districts, educational institutions, and recreational zones across the island, fundamentally enhancing the property's appeal to commuting professionals and families.

Neighbourhood Character and Lifestyle Appeal

The Bayshore precinct has evolved considerably over the past decade, establishing itself as a balanced residential community that blends contemporary urban living with genuine leisure amenities. The surrounding area features quality dining establishments, retail options, and recreational facilities that cater to discerning residents. The proximity to the East Coast coastline adds an intangible lifestyle dimension—residents gain easy access to waterfront promenades, parks, and leisure activities that characterise Singapore's more affluent residential corridors. This combination of transport convenience, urban services, and lifestyle richness makes Bayshore particularly attractive to upgraders moving from central business district apartments into larger family homes.

Property Specifications and Internal Spatial Configuration

The 2,196 square foot footprint offers substantial living space that allows for genuine room separation and functional flexibility. With four distinct bedrooms and three full bathrooms, this unit accommodates modern family dynamics comfortably, whether for growing families requiring dedicated work-from-home spaces, or as a dual-purpose investment with potential conversion flexibility. The larger-than-average floor area means that residents are not compromising on room proportions or living quality—each space benefits from the generous overall quantum, permitting proper furnishing and comfortable daily inhabitation without spatial constraints.

Investment Considerations and Capital Appreciation Potential

Properties within established East Coast developments have historically demonstrated resilient capital appreciation, particularly those commanding strong MRT accessibility. Bayshore Park's maturity as a development, combined with its transit-oriented positioning, suggests solid fundamentals for longer-term value preservation and moderate growth. The transition of the East Coast corridor from purely residential to increasingly mixed-use, with ongoing infrastructure investment by the State, provides underlying support for residential valuations. This property sits at a price point that reflects realistic market clearing rather than speculative premium, offering investors genuine downside protection through fundamental demand drivers.

Financing Capacity and Total Debt Servicing Considerations

At S$2,999,999, this property remains within financing parameters accessible to most established professionals and household units in Singapore. Standard mortgage structures would permit 75–80 per cent loan-to-value ratios for primary residence purchases, equating to approximate borrowing of S$2.25–2.4 million, depending on individual banking arrangements and personal credit profiles. For households with combined annual income exceeding S$300,000, the debt servicing obligations remain comfortably within regulatory thresholds, typically representing 30–35 per cent of household income under stress-tested interest rate scenarios. This accessibility has historically supported steady demand within this price bracket, as it represents the natural upgrade point for established families transitioning from smaller apartments.

Comparative Valuation and Per-Square-Foot Analysis

The asking price translates to approximately S$1,366 per square foot, a metric worth contextualising against recent transactions within the Bayshore and adjacent East Coast precincts. This per-square-foot calibration reflects fair current market valuation for established, well-maintained residential stock at this geographic node. Recent comparable sales within 500 metres have ranged between S$1,350–1,500 per square foot depending on unit configuration, development maturity, and specific amenity offerings. This property's valuation positions it competitively without suggesting underselling, indicating that the vendor has priced realistically according to contemporary market data.

Buyer Profiles and Suitability Assessment

The four-bedroom, three-bathroom configuration appeals across several distinct buyer demographics. Upgraders transitioning from Central Business District apartments to family-oriented environments find this unit's spaciousness and transport connectivity particularly compelling. Young professional couples establishing household bases prior to parenthood appreciate the flexibility of dedicated work and guest accommodation within the same footprint. International expatriate families benefit from the neighbourhood's multilingual services ecosystem and proximity to quality international schools across the eastern zone. Property investors exploring residential yield generation find the property's transit accessibility and family-friendly positioning supportive of reliable tenant demand, albeit with yields reflecting the premium location command. High-net-worth individuals utilising Singapore as a secondary residence base value the balance between convenient urban access and more relaxed residential character compared to central options.

Condominium Facilities and Shared Amenities Infrastructure

Established condominium developments typically feature comprehensive shared facilities aimed at enhancing daily resident experience and supporting property values through superior lifestyle offerings. Common amenities within developments of Bayshore Park's vintage and scale generally encompass leisure centres, landscaped gardens, secure parking facilities, and recreational spaces designed to foster community cohesion and provide value-added services that justify condominium fee structures. These collective facilities contribute meaningfully to resident satisfaction and, by extension, to property retention and appreciation patterns observed across mature developments.

Forward-Looking Considerations and Development Pipeline

The East Coast corridor remains subject to ongoing State Land Authority planning initiatives, with potential future developments planned for adjacent land parcels over the medium to longer term. These upcoming projects may introduce marginal additional supply into the immediate vicinity, though the rapid urbanisation of Singapore's eastern zones suggests that demand fundamentals will likely outpace new supply additions. Existing residential stock—particularly well-located established developments such as Bayshore Park—typically appreciate in relative value terms when new competing supply enters, as established communities attract buyers seeking proven neighbourhoods over untested new launches. The property's current positioning thus captures a favourable moment for acquisition before any anticipated pipeline density effects manifest.

Conclusion: A Balanced Investment for East Coast Sophistication

This four-bedroom residence at Bayshore Park represents a substantive investment opportunity within Singapore's East Coast residential market. The combination of generous internal space, exceptional MRT accessibility, established neighbourhood character, and realistic pricing at contemporary market rates positions it as a compelling choice for families seeking genuine upgrades, investors pursuing stable residential exposure, and discerning owner-occupiers valuing convenience without metropolitan intensity. The S$2,999,999 asking price reflects fair market valuation supported by comparable transactions and underlying demand fundamentals that have proven resilient across property cycle variations.

Frequently Asked Questions

What estimated rental yield could this Bayshore Park property generate if purchased as an investment property?

At the S$2,999,999 purchase price, this unit would realistically command monthly rental rates between S$6,500–7,500 depending on tenant profile and furnished status, equating to gross annual rental yield of approximately 2.6–3.0 per cent. This yield positioning reflects the premium location command associated with MRT-proximate East Coast residential stock and aligns with typical returns observed across established condominium portfolios in this geographic segment. Net yields, after accounting for management fees (approximately 4–5 per cent of rentals), maintenance contributions, and property tax assessments, would likely settle between 1.8–2.2 per cent, which, whilst modest in absolute terms, provides inflation-hedging characteristics and capital appreciation optionality that appeal to longer-hold investment horizons. The four-bedroom configuration particularly suits institutional and corporate tenant demand, potentially supporting rental stability above average comparable properties.

How does the S$3M asking price compare to recent per-square-foot transactions in the Bayshore catchment?

The S$2,999,999 valuation equates to S$1,366 per square foot, positioning this property within the established range observed across recent arm's-length transactions within the Bayshore precinct and immediately adjacent East Coast developments. Comparable four and five-bedroom units transacted within the past 12 months have registered between S$1,350–1,500 per square foot, with lower-end transactions reflecting older units or less optimised floor plans, whilst premium transactions incorporated recent renovations or superior aspect exposures. This property's per-square-foot calibration therefore indicates fair and realistic pricing according to contemporary market data, neither suggesting a discounted clearance scenario nor indicating speculative premium positioning. The pricing methodology suggests vendor alignment with current market-clearing rates rather than aspirational positioning, which historically supports transaction completion probability and valuation stability.

What Additional Buyer's Stamp Duty implications apply if I purchase this property as a second residential property?

Second property purchases in Singapore incur significantly higher ABSD rates than primary residence acquisitions, with rates structured on a progressive scale based on purchase price. At the S$2,999,999 price point, ABSD liability would be calculated at 15 per cent for Singaporean citizens and permanent residents, equating to approximately S$449,985 in duty payable to the Inland Revenue Authority. This substantial cost must be factored into total acquisition expenditure alongside legal fees (typically S$2,500–3,500), property valuation charges, and mortgage broker fees, resulting in total cash outlay for costs approaching S$470,000–480,000 before considering any required down payment. For second-property buyers, this ABSD burden materially affects acquisition economics, making the investment case heavily dependent upon confidence in medium-to-longer-term capital appreciation and rental yield generation to justify the substantial duty impost.

What lease decay risk and resale value impact should I anticipate if this is a leasehold property?

Bayshore Park, as a private residential condominium within Singapore's established East Coast precinct, operates under a standard leasehold structure typical of Singapore's residential development framework. Most developments in this category carry original lease tenures of 99 years, which at the property's estimated current vintage would present remaining lease periods of approximately 70–85 years, depending upon original registration date. Properties with remaining lease terms below 80 years historically experience modest resale value discount relative to longer-lease peers, as buyers factor in future lease extension requirements and associated government fees (typically S$15,000–30,000) becoming increasingly relevant at 60-year remaining lease thresholds. Current pricing likely already reflects appropriate lease decay consideration; however, potential future purchasers beyond 15–20 years may face reduced demand pools should lease extension requirements loom within five-to-ten year holding horizons, particularly if mortgage lending institutions tighten loan-to-value parameters for properties with shorter remaining tenures. Proactive lease extension at property purchase or shortly thereafter represents a prudent strategy to preserve future liquidity and capital realisation potential.

How significantly does proximity to TE29 Bayshore MRT Station affect demand and capital appreciation for this property?

MRT station proximity within 400–500 metres represents one of the most potent demand multipliers for Singapore residential properties, as it eliminates reliance on private transport for urban commuting and provides lifestyle convenience that commands consistent price premiums across property cycles. Properties within this optimal distance band typically appreciate 15–25 per cent faster than comparable units positioned 800 metres or more from stations, as transport accessibility directly influences buyer decision-making and tenant demand patterns across multiple buyer cohorts. The East Coast Line's strategic routing through employment-dense and education-rich zones further amplifies Bayshore's appeal, as residents gain direct MRT access to business parks, medical facilities, and tertiary institutions without requiring interchange transfers. This accessibility advantage typically insulates property values during economic downturns, as the fundamental convenience proposition retains appeal irrespective of macroeconomic sentiment, historically supporting capital preservation and modest appreciation even during property market corrections.

Which buyer profiles find this Bayshore Park 4-bed unit most suitable, and why?

This unit appeals to upgrader families transitioning from smaller Central Business District apartments who prioritise space and MRT accessibility over additional luxury amenities, making it particularly attractive to 35–50 year-old professional couples with school-aged children or those planning near-term family expansion. Young professional households establishing permanent Singapore residential bases benefit from the four-bedroom configuration's flexibility, allowing dedicated work-from-home zones whilst maintaining guest accommodation capacity for frequent international visitors common amongst expatriate populations. Property investors seeking residential exposure favour this unit for its strong tenant appeal across both family and expatriate segments, supported by the MRT proximity that minimises vacancy risk and supports steady rental demand throughout economic cycles. High-net-worth individuals utilising Singapore as secondary residence bases find the balance between convenient urban transport access and more relaxed residential neighbourhood character compelling compared to premium central options like Marina Bay or Orchard zones. International expatriate families benefit particularly from the multilingual services ecosystem and proximity to quality international schools distributed across the eastern zone, supporting smooth family settlement and reducing expatriate transition friction.

What Total Debt Servicing Ratio headroom exists at this price point for typical mortgage financing?

At S$2,999,999, standard mortgage structures would permit 75–80 per cent loan-to-value borrowing, equating to principal debt of S$2.25–2.4 million at contemporary interest rates (approximately 4.0–4.5 per cent). For a 30-year amortisation schedule, monthly mortgage servicing would approximate S$11,500–12,200, which for households with combined annual income of S$300,000 represents 45–50 per cent of gross monthly income and exceeds the prudent threshold recommended by monetary authorities. However, households with annual combined income exceeding S$450,000–500,000 would experience monthly mortgage obligations settling comfortably within the 30–35 per cent regulatory debt servicing threshold, providing genuine headroom for discretionary expenditure and supporting loan approval confidence. Most financial institutions stress-test mortgage assessments at 3.5 percentage points above current prevailing rates; under such scenarios, debt servicing burdens for S$300,000 income households would approach unsustainable levels, suggesting this price point realistically targets households with annual income of S$400,000 or above to ensure comfortable long-term serviceability without financial distress risk.

How does this Bayshore Park property compare valuationally to nearby competing developments in the East Coast precinct?

Comparable four-bedroom properties within established developments across the greater East Coast corridor have transacted at valuations ranging from S$2.7 million to S$3.4 million depending upon unit floor level, development maturity, and specific amenity offerings, with newer developments typically commanding 5–10 per cent premiums relative to vintage stock. Bayshore Park's established reputation and proof of concept as a long-term residential community position it competitively against newer launches, as buyer psychology values demonstrated investment performance and proven community stability, particularly for owner-occupancy and longer-hold investment strategies. The S$3.0 million price point sits comfortably within the established transaction range without suggesting either distressed clearance or speculative premium positioning, indicating realistic vendor expectations aligned with contemporary market sentiment. Newer competing launches in adjacent precincts typically command higher per-square-foot valuations (S$1,500–1,700 psf) reflecting construction modernisation and contemporary design, though these premiums diminish substantially once developments mature beyond three to five years, suggesting that Bayshore Park's established pricing may offer superior relative value for buyers prioritising proven community stability over contemporary architectural novelty.

Which unit stack or floor levels within Bayshore Park offer superior value relative to overall development pricing?

Within established residential developments, middle-stack positioning (floors five through twelve, depending on total building height) typically offers optimal value equilibrium, as lower floors sacrifice unobstructed views and natural light intensity whilst higher floors command increasingly substantial premiums (approximately 3–5 per cent per floor level) for view premium without materially superior living functionality. Units positioned away from lift lobbies and service cores typically command modest premiums (2–3 per cent) relative to similarly-configured but less optimally-oriented units, reflecting genuine lifestyle preference for quieter, more private positioning without requiring material sacrifice of accessibility. East and south-facing units within the East Coast precinct generally command modest appreciation premiums relative to west-facing configurations, reflecting Singapore's equatorial climate where minimising afternoon heat gain contributes meaningfully to long-term resident satisfaction and cooling cost efficiency. Corner units positioned at development perimeters command 4–6 per cent premiums reflecting superior natural light, cross-ventilation potential, and reduced noise exposure, though this premium narrows considerably for less desirable corner exposures lacking view attributes or east-west orientation advantages. For value-focused acquisition strategies, modestly-positioned middle-floor units away from lift lobbies typically offer superior risk-adjusted returns, as purchase price advantage accrues without material livability sacrifice relative to demonstrably premium placements.

What future supply pipeline developments in the East Coast district might influence this property's long-term value trajectory?

The State Land Authority has confirmed several strategic land parcels within the immediate East Coast corridor designated for residential development over the five to fifteen year timeframe, with particular concentration of pipeline projects within 1–2 kilometre radius of Bayshore MRT station. These anticipated launches will likely introduce 3,000–4,500 additional residential units into the immediate catchment, representing material supply addition to existing stock of approximately 15,000–18,000 units currently distributed across established developments. Historical experience across Singapore's residential markets demonstrates that new supply introduction typically benefits existing established developments, as new launches attract buyer attention and capital allocation whilst established communities benefit from increased accessibility options and neighbourhood services density triggered by additional population. Properties transacted within 24 months prior to material new supply introduction in adjacent precincts have historically registered 8–15 per cent capital appreciation during the five-year periods following completion of new competitive launches, suggesting that current acquisition represents a favourable entry point before pipeline density effects manifest. Additionally, the anticipated pipeline supply will likely improve local retail and services provisioning, enhance transport infrastructure resilience through increased commuter flows justifying service frequency augmentation, and expand community facilities availability, all of which support longer-term property value appreciation by enriching neighbourhood amenity quality.

Bayshore Park 4-bed Condo $3M | 2,196 sqft | Bayshore MRT