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The Bayshore 3BR Condo, $1.89M | Bayshore MRT, 1,259 sqft

22 Bayshore Road

3 units listed 3 for sale
15 people are looking at this property right now
Condo

The Bayshore 3BR Condo, $1.89M | Bayshore MRT, 1,259 sqft

22 Bayshore Road
3 Units To Buy
For Sale
Type Units Min Area Price Range
2 BR 1 1001 sqft From S$1.4XM
3 BR 2 1238 sqft S$1.8XM – S$1.8XM
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Property Highlights
  • Premium 3-bedroom, 3-bathroom unit at The Bayshore offering 1,259 sqft of contemporary living space
  • Located just 270 metres from Bayshore MRT Station (TE29), providing excellent transport connectivity
  • Priced at S$1,888,500, representing approximately S$1,500 per square foot in an established East Coast precinct
  • Well-suited for upgraders, high-net-worth individuals, and serious property investors seeking capital appreciation
  • Strong rental potential and investment fundamentals within a mature, well-serviced residential neighbourhood

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The Bayshore: Premium 3-Bedroom Condominium at Bayshore Road

The Bayshore stands as a distinguished residential address along Bayshore Road, offering discerning buyers the opportunity to acquire a generously proportioned 3-bedroom, 3-bathroom condominium unit spanning 1,259 square feet. This property represents a compelling proposition within the East Coast housing market, combining spatial comfort with strategic positioning near one of Singapore's most vibrant MRT nodes.

Property Specifications and Layout

This unit delivers three well-appointed bedrooms alongside three full bathrooms, providing flexibility for growing families, multigenerational living arrangements, or those who value privacy and convenience in a home office setup. The 1,259-square-foot floor plate affords residents ample room for quality furniture placement, entertaining guests, and creating distinct zones for work and leisure. The internal configuration maximises natural light and ventilation, contributing to the overall liveability of the space.

Proximity to Bayshore MRT Station

One of the defining strengths of this address lies in its exceptional proximity to Bayshore MRT Station (TE29). Situated merely 270 metres from the station, residents enjoy a three-minute walk to one of Singapore's most connected transport interchanges. This accessibility proves transformative for daily commuters, offering seamless links to the wider Thomson-East Coast Line corridor and established cross-town connectivity. The ease of public transport access traditionally correlates with stronger capital appreciation trajectories and sustained rental demand in Singapore's property market.

The presence of Bayshore MRT has catalysed significant regeneration within this precinct, attracting retail, dining, and recreational amenities that enhance the lifestyle proposition for residents. This infrastructure investment typically supports property valuations over the medium to long term, as accessibility remains a primary driver of residential desirability.

Investment and Rental Potential

For investors, The Bayshore presents a strategically sound acquisition opportunity. The combination of premium location, family-sized accommodation, and robust public transport connectivity creates favourable conditions for rental income generation. The East Coast market consistently attracts expatriate families and affluent local tenants seeking convenient, well-serviced residential environments. The three-bedroom configuration appeals to a broad tenant pool, from multinational executives to growing families seeking temporary or intermediate-term accommodation.

The priced point of S$1,888,500 translates to approximately S$1,500 per square foot, positioning this property within the middle-to-upper range of comparable East Coast transactions. This valuation reflects both the inherent quality of the development and the premium attached to proximity to modern MRT infrastructure. Buyers should anticipate gross rental yields in the region of four to five percent, dependent on market rental rates at the time of letting and unit-specific characteristics such as floor level and orientation.

Market Positioning and Comparables

The East Coast precinct has matured into one of Singapore's most sought-after residential corridors, characterised by stable property values, abundant amenities, and a balanced demographic profile. The Bayshore competes within a broader ecosystem of established and newer developments, all vying for the attention of upgraders and investors seeking long-term value retention. Unlike emerging districts still dependent on future infrastructure completion, this location offers the tangible benefits of an already-realised transport network and established commercial services.

Comparable properties within the immediate vicinity typically command similar price bands, with variation driven by unit configuration, floor level, and specific development amenities. Buyers evaluating this property should conduct a thorough transaction analysis of recent sales within a 500-metre radius to establish confidence in the asking price relative to recent market movements.

Suitability Across Buyer Profiles

This property accommodates diverse buyer motivations and financial circumstances. For first-time upgraders transitioning from smaller apartments or HDB dwellings, the three-bedroom layout and mature location offer a compelling next step without necessitating an acquisition at the absolute upper end of the residential market. High-net-worth individuals seeking additional residential assets outside prime central locations may appreciate the balanced risk-return profile and the potential for diversified property holdings.

Investors entering the Singapore residential market through established, transport-rich locations benefit from lower execution risk and faster tenant acquisition timelines compared to acquisitions in emerging precincts. The property's configuration and location make it particularly attractive to owner-occupiers who prioritise convenience and connectivity without requiring the prestige premium attached to iconic waterfront or marina addresses.

Financing and Affordability Considerations

At S$1,888,500, this property sits within the parameters accessible to buyers with moderate to substantial financing capacity. Depending on individual TDSR ratios and existing loan obligations, buyers should anticipate loan eligibility in the range of sixty to eighty percent of the purchase price, contingent on current interest rate environments and personal income documentation. First-time buyers benefit from enhanced loan-to-value ratios, whilst investors purchasing as a second property should factor ABSD obligations into their overall acquisition costs, effectively increasing the landed cost by eight percent.

Neighbourhood Dynamics and Future Development

The East Coast has achieved infrastructural maturity, with the completion of the Thomson-East Coast Line establishing a long-term transport backbone for the region. This maturity provides stability and predictability, reducing the speculative element that characterises emerging locations. Future supply in this immediate precinct remains constrained by land scarcity and planning restrictions, suggesting that supply-demand dynamics may remain favourable for existing property holders over the medium term.

Amenities surrounding The Bayshore include dining establishments, retail services, and recreational facilities typical of a well-established residential neighbourhood. The proximity to East Coast Park further enhances lifestyle appeal for families and those prioritising outdoor recreation and wellness activities.

Investment Summary

The Bayshore presents a balanced opportunity for buyers seeking premium residential accommodation within an established, transport-rich location. The S$1,888,500 pricing, combined with the three-bedroom layout and Bayshore MRT proximity, establishes a compelling risk-adjusted value proposition. Whether acquired for owner-occupation or as an investment holding, this property merits serious consideration from buyers evaluating residential options within Singapore's competitive mid-to-upper market segment.

Frequently Asked Questions

What is the estimated rental yield for this property if purchased as an investment?

Based on the S$1,888,500 acquisition cost and current East Coast market rental trajectories, gross rental yields typically fall in the four to five percent range for comparable three-bedroom units. This assumes a monthly rent between S$6,000 and S$7,500, achievable given the property's transport proximity and family-friendly layout. Net yields would be reduced by stamp duties, maintenance fees, property tax, and management costs, typically lowering the effective return to the three to four percent band. Investors should conduct market rental surveys within the specific development and comparable nearby buildings to refine yield projections specific to their acquisition timing and exit strategy.

How does the S$1,500 psf price compare to recent East Coast transactions?

The S$1,500 per square foot valuation sits comfortably within the established East Coast market range, where recent comparable three-bedroom transactions have traded between S$1,400 and S$1,600 psf depending on unit condition, floor level, and development amenities. The Bayshore's premium location adjacent to Bayshore MRT Station (TE29) supports pricing at the upper end of this band, as transport accessibility remains a primary value driver in mature Singapore property markets. Buyers should cross-reference recent URA transaction data and agent reports from the past three to six months to confirm whether S$1,500 psf represents fair value relative to the most contemporaneous comparable sales in the immediate vicinity.

What ABSD will I pay as a second-property buyer at this price point?

Second-property purchasers are liable for Additional Buyer's Stamp Duty (ABSD) at eight percent of the purchase price, which equates to S$151,080 on this S$1,888,500 transaction. This brings the total acquisition cost to approximately S$2,039,580 when combined with the standard Buyer's Stamp Duty, legal fees, and survey costs. ABSD duty is payable within fourteen days of the date of the option to purchase, significantly impacting the cash outlay required at the point of commitment. First-time buyers are exempt from ABSD, making this property notably more affordable for that cohort, whilst investors should incorporate this eight percent uplift into their hurdle rate calculations to determine whether investment returns remain acceptable.

What lease tenure and resale value implications should I be aware of?

The property's exact lease tenure is not specified in the available listing data, and buyers must establish with certainty whether this is a freehold or leasehold holding and, if leasehold, whether the unexpired lease period exceeds ninety-five years. Properties with remaining lease tenures below eighty years begin experiencing measurable downward pressure on capital values, as lender financing becomes restricted and buyer pools contract. For mid-range East Coast properties, typical lease terms are often in the seventy to eighty-year range depending on when the original development was granted, necessitating careful legal due diligence before commitment. A leasehold property with significantly depleted tenure (below sixty years) would warrant a material reassessment of long-term capital retention prospects, potentially reducing sale appeal to mortgage-dependent buyers within ten to fifteen years.

How does Bayshore MRT Station proximity affect property demand and capital appreciation?

Bayshore MRT Station (TE29) represents a major transport catalyst that has demonstrably driven capital appreciation and sustained rental demand across the surrounding precincts since completion of the Thomson-East Coast Line. Properties within three hundred metres of established MRT nodes typically command five to ten percent premiums over comparable units located beyond convenient walking distance, a differential that has remained resilient across market cycles. The station's strategic position as a major interchange, combined with growing commercial development in the Bayshore precinct, has created sustained inflow of owner-occupiers and tenants, supporting both property valuations and rental rates. Going forward, the maturity of this transport infrastructure removes speculative uncertainty and establishes a stable demand foundation, making Bayshore MRT-adjacent properties less cyclical and more defensible during property market contractions.

Who is this property most suitable for—upgraders, HNW buyers, or investors?

This property appeals across multiple buyer profiles with distinct motivations. Upgraders transitioning from smaller apartments value the generous three-bedroom layout and mature location without requiring acquisition at the absolute premium end of the market, making this a rational step-up purchase with tangible space gains. High-net-worth individuals seeking portfolio diversification outside prime central locations appreciate the balanced risk-return profile and potential for capital retention without the prestige premium attached to iconic marina or waterfront addresses. Investors find particular appeal in the established transport infrastructure and proven rental demand profile, reducing execution risk and accelerating tenant acquisition timelines compared to emerging precinct acquisitions. Owner-occupiers prioritising lifestyle connectivity and convenience over aspirational location branding represent another core audience, given the exceptional MRT walkability and mature neighbourhood amenities.

What are the TDSR implications and financing headroom at S$1.89 million?

At S$1,888,500 with a typical seventy to eighty percent loan-to-value ratio, buyers should expect financing requirements in the S$1,325,000 to S$1,510,000 range, generating monthly loan obligations in the region of S$6,500 to S$7,500 depending on interest rate assumptions and tenure selected. Total Debt Service Ratio (TDSR) ceilings of sixty percent mean that buyers require demonstrated monthly income of at least S$10,833 to S$12,500 to meet regulatory lending criteria, before accounting for existing debt obligations such as car loans, credit cards, or mortgage commitments. First-time buyers enjoy enhanced TDSR flexibility in some scenarios, potentially accessing up to eighty percent loan-to-value ratios with more relaxed income verification requirements. Buyers with existing substantial debt commitments should pre-qualify with their intended lender to establish precise financing headroom and confirm that residual monthly cash flow remains comfortable after mortgage servicing obligations.

How does The Bayshore compare to competing nearby developments?

The East Coast precinct encompasses a diverse range of established developments at varying price points and architectural vintages, creating competitive tension across the middle to upper residential market segment. Comparable developments within the immediate vicinity, such as other transit-oriented condominiums within five hundred metres of Bayshore MRT, typically offer similar three-bedroom configurations at broadly aligned price bands of S$1,400 to S$1,600 psf. The Bayshore's specific competitive positioning depends on factors including development age, amenity package, unit finishes, and individual buyer preference for floor level and orientation. Some competing developments may feature more contemporary finishes or enhanced recreational facilities, whilst others may carry higher price tags reflective of newer completion dates or marginally superior locationing. Serious buyers should conduct systematic site visits to two to three competing properties to calibrate The Bayshore's relative value proposition and assess whether the asking price represents optimal execution within their target criteria.

Which floor levels or unit stacks offer the best value within The Bayshore?

Generally, mid-to-lower floor levels within established condominiums command modest discounts relative to higher floors, reflecting buyer preferences for elevated vistas, reduced street noise, and lower visual intrusion from neighbouring developments. However, lower floors typically experience stronger rental demand from tenants with mobility considerations or families with young children who prefer proximity to common areas and amenities. Unit stacks with direct park-facing orientations or positions along prime vistas command premium pricing, sometimes reaching ten to fifteen percent above baseline unit values depending on market sentiment and development-wide scarcity of such positions. Corner units and those with dual-aspect outlooks typically offer better natural ventilation and light, supporting both owner satisfaction and rental appeal. Buyers should obtain floor plans and conduct detailed site visits at multiple levels and orientations to establish personal preference alignments before finalising commitment, as resale liquidity can be meaningfully affected by floor level and outlook characteristics even within the same development.

What future supply pipeline exists in the East Coast district, and how does it affect resale demand?

The East Coast precinct has achieved substantial infrastructural and residential maturation, with limited large-scale greenfield development opportunities remaining available within the immediate area due to land scarcity and planning restrictions. Future supply additions are likely to emerge from redevelopment of ageing estates or infill projects within existing planning boundaries, progressing at measured pace rather than creating sudden supply surges that characterise emerging precinct development. This constrained supply trajectory typically favours existing property holders, as demand-supply dynamics remain tilted toward capital appreciation and rental rate growth over extended holding periods. However, broader market factors such as interest rate movements, economic cycles, and government housing policy changes exercise outsized influence on overall demand and resale velocity regardless of localised supply constraints. Buyers acquiring The Bayshore should take comfort from the structural undersupply characteristics within the East Coast, but remain cognisant that property market cycles ultimately govern medium-term capital returns independent of supply considerations, necessitating a multi-year holding horizon to absorb cyclical volatility.