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Condo

[For Sale] Bayshore Park — From S$1.8M

60 Bayshore Road

1 for sale
11 people are looking at this property right now
Condo

[For Sale] Bayshore Park — From S$1.8M

Bayshore Park
1 Units To Buy
For Sale
Type Units Min Area Price Range
3 BR 1 1173 sqft S$1.8M
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Property Highlights
  • Condo development with 1 unit currently available.
  • Prices currently start from S$1.8M.
  • For Singaporean second property buyers, ABSD applies at 20% of the purchase price, approximately S$350K on this acquisition.
  • Located 5 min (400 m) from TE29 Bayshore MRT Station.

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Bayshore Park: Premium Waterfront Living Near Bayshore MRT

Bayshore Park stands as a distinguished residential offering along one of Singapore's most coveted coastal corridors. Positioned at 60 Bayshore Road, this development captures the essence of contemporary metropolitan living whilst maintaining the tranquillity associated with waterfront proximity. The address places residents within a five-minute journey of Bayshore MRT Station on the Thomson-East Coast Line, a crucial transport artery that redefines accessibility across the island's eastern and central zones.

The development attracts a diverse resident base spanning young professionals, upgrading families, and seasoned investors seeking exposure to Singapore's established eastern residential markets. Units within the project range across multiple configurations, with floor plates generally commencing from approximately 1,173 square feet, accommodating both compact lifestyles and larger household requirements. The spacing and design philosophy evident throughout Bayshore Park reflect contemporary expectations for functional living environments that balance utility with aesthetic consideration.

Location and Transport Connectivity

The proximity to Bayshore MRT Station represents a significant strategic advantage for the development. Bayshore sits on the Thomson-East Coast Line, providing express access northbound towards Woodlands and southbound towards Marina Bay, Downtown Core, and the CBD. This connectivity dramatically expands the radius of practical commuting destinations for residents, whether employed in the financial sector, technology hubs, or creative industries clustered throughout Singapore's central areas. The station itself opened relatively recently, ensuring modern infrastructure and passenger facilities that appeal to quality-conscious purchasers.

Beyond the MRT, the immediate surroundings benefit from mature road networks. East Coast Parkway runs adjacent to the district, whilst secondary arterial roads provide seamless linkages to Changi Airport, Holland Village, and Orchard retail corridors. For those prioritising lifestyle convenience, the waterfront location invites recreational use of coastal parks, dining establishments, and leisure venues that characterise the East Coast precinct as a destination rather than merely a residential zone.

Investment Profile and Capital Appreciation

The East Coast district has established a consistent track record of property value appreciation over extended holding periods. Bayshore Park's positioning within this mature, well-serviced neighbourhood positions it favourably within the broader market narrative. Investors considering the development should evaluate historical price growth across comparable waterfront and near-MRT properties in the vicinity, recognising that stations on the Thomson-East Coast Line have demonstrated stronger appreciation momentum relative to older transport corridors in equivalent submarkets.

Purchasers acquiring units at Bayshore Park should model conservative appreciation scenarios, particularly given Singapore's cyclical property markets. Mid-cycle holding periods of seven to ten years typically allow capital value recovery from near-peak market conditions, whilst longer-term ownership horizons substantially reduce sensitivity to cyclical volatility. The development's establishment within a recognised precinct of sustained demand provides a foundation for sustained investor interest, though macroeconomic conditions and interest rate cycles remain material variables affecting property markets generally.

Rental Yield Considerations for Investor Purchasers

Properties within Bayshore Park exhibit appeal to the rental market, particularly amongst corporate expatriates, young professionals, and transient household formations. The proximity to Bayshore MRT station and East Coast Parkway connectivity enhances tenant attraction, as commuting efficiency ranks prominently in rental decision-making. Estimated gross rental yields for comparable units in the vicinity typically range between 2.5 and 3.5 percent per annum, though specific outcomes depend upon unit configuration, floor level, and market phase at the point of rental listing.

Investors should factor maintenance fees, property tax, and potential vacancy periods into net yield calculations. Bayshore Park's condominium structure typically entails comprehensive facility management, security provisions, and communal amenity maintenance funded through sinking fund contributions and monthly levies. These operational costs substantially influence net income available to property owners, making detailed financial modelling essential before commitment. Furnished versus unfurnished rental strategies also significantly impact achievable rental rates and tenant acquisition timelines.

Pricing and Market Positioning

Units throughout Bayshore Park reflect pricing aligned with the East Coast district's maturity and established demand profile. Properties in this locale demonstrate consistent absorptive capacity at price points reflecting waterfront proximity, MRT accessibility, and neighbourhood credentials. Recent transactions across comparable developments within 500 metres of the subject address provide contextual benchmarking, though individual unit configurations, floor levels, and orientations create substantial variation around district averages.

Per-square-foot transactional evidence in the immediate vicinity typically clusters around established ranges reflecting the market's competitive dynamics. Prospective purchasers should commission professional valuations and comparative market analysis before proceeding, ensuring that proposed acquisition prices reflect fair value relative to recent secondary market activity. Developer incentives, payment terms, and holding structures occasionally influence effective pricing, warranting attention to transaction terms beyond headline figures.

Financing and TDSR Considerations

Property financing for acquisitions at Bayshore Park follows standard Singapore banking protocols. Most financial institutions extend loan-to-value ratios of 75 to 80 percent for owner-occupied residential properties, requiring purchasers to mobilise corresponding cash down-payments. The Total Debt Service Ratio constraint, typically capped at 60 percent of gross monthly income, represents a critical screening mechanism determining financing capacity.

For a property priced at the typical range within the development, prospective owner-occupiers should model minimum annual household incomes of approximately S$100,000 to S$130,000 to comfortably satisfy TDSR requirements, assuming 25-year loan tenures and prevailing interest rates. Second-property purchasers face Additional Buyer's Stamp Duty of 20 percent on the purchase price, a material cost factor requiring separate capital mobilisation alongside the down-payment and transactional expenses.

Stamp Duty and Additional Buyer's Stamp Duty Implications

Singapore citizens acquiring a second residential property incur Additional Buyer's Stamp Duty calculated at 20 percent of the purchase price, substantially exceeding the standard Buyer's Stamp Duty applicable to first-property acquisitions. For a property priced at S$1.5 million, the ABSD liability alone reaches S$300,000, a significant cash requirement extending total acquisition costs substantially beyond the property price itself.

Investors purchasing Bayshore Park units as second properties must account for this levy when evaluating overall project returns. The ABSD impacts the break-even analysis for investment properties, increasing the threshold property price appreciation or cumulative rental income required to justify acquisition relative to alternative investments. Purchasers should engage qualified tax advisors and legal counsel to confirm their ABSD obligations based on citizenship status, timing of prior residential property acquisitions, and intended ownership structures.

Suitable Buyer Profiles

Bayshore Park appeals distinctly to upgrading families seeking additional space, improved amenities, and lifestyle enhancements versus their existing residential base. The development's neighbourhood positioning attracts young professional couples commuting to central business districts, with the Bayshore MRT station reducing travel friction substantially. Established investors seeking rental yield exposure within a mature, supply-constrained precinct represent another key demographic, particularly those targeting medium-term holds of seven to fifteen years.

First-time buyers considering Bayshore Park should evaluate the implications of ABSD where applicable, ensuring that total acquisition costs align with financing capacity and broader financial circumstances. High-net-worth individuals may view units within the development as components of diversified residential property portfolios, valuing the convenience, lifestyle amenities, and capital preservation characteristics of East Coast residential holdings. Owner-occupiers prioritising transport convenience and waterfront proximity consistently demonstrate strong demand for the district.

Lease Tenure and Residual Value Considerations

Properties at Bayshore Park operate under Singapore's standard leasehold tenure structure, typically granted for 99-year terms from the point of initial development. Purchasers should confirm the specific lease commencement date and remaining tenure at the point of acquisition, as properties approaching the 60-year residual lease threshold experience material valuation impacts. Whilst the development is comparatively modern, prospective owners should factor lease decay implications into long-term holding strategies, recognising that banking institutions increasingly restrict loan-to-value ratios as residual leases contract below 60 years.

The East Coast market demonstrates historical resilience regarding lease-affected properties, though the financial mathematics of lease extension and potential acquisition of the reversionary interest require careful analysis. Purchasers intending to hold properties until retirement or intergenerational transfer should investigate the developer's lease extension protocols and estimated costs, ensuring that long-term ownership economics remain viable across extended holding horizons.

MRT Station Impact on Long-Term Value

The Bayshore MRT Station's recent opening fundamentally reshapes transport accessibility across the East Coast precinct. Properties within 400 metres of the station command material premiums relative to equivalent units located further afield, reflecting the commuting convenience and accessibility value embedded in proximity to rapid transit infrastructure. The Thomson-East Coast Line itself remains relatively nascent, with ongoing service optimisation and potential future extensions potentially enhancing the corridor's strategic importance.

Analysts expect sustained demand pressure for properties in the Bayshore station catchment as the line matures and service frequency stabilises. Commuting patterns evolving post-pandemic, with hybrid working arrangements increasing flexibility, may paradoxically strengthen the appeal of quality residential environments with excellent transport connectivity, as residents increasingly prioritise neighbourhood amenities and living standards relative to proximity-to-office requirements. The long-term consequence likely favours developments occupying the intersection of modern transport infrastructure and established residential amenities.

Competitive Landscape and Alternative Developments

The East Coast precinct hosts several competing developments positioned at comparable price points and distance bands from the Bayshore MRT station. Prospective purchasers should evaluate alternative offerings within one kilometre of the subject address, assessing variations in unit configuration, amenity provision, architectural design, and pricing to validate Bayshore Park's relative market positioning. Developments completed pre-2015 typically command lower pricing than contemporary projects, though certain investor purchasers prioritise price stability and established rental markets over modern finishes.

Strategic competitive evaluation should extend to pipeline supply within the broader East Coast and broader Singapore residential market. Upcoming launches in adjacent precincts may influence absorption rates, pricing trajectories, and rental yield sustainability. Conversely, supply constraints in the immediate vicinity strengthen the case for properties at Bayshore Park, particularly as urbanisation pressures and development constraints limit expansion of housing stock in established, transport-connected neighbourhoods.

Floor Level and Stack Positioning

Within Bayshore Park, mid-to-upper floor units generally command pricing premiums relative to lower levels, reflecting preferences for daylight maximisation, noise reduction, and security perceptions. Units positioned towards the periphery of each floor plate typically benefit from superior natural ventilation and light access relative to interior-facing orientations. Corner units and those positioned at the building's waterfront facades may attract material premiums reflecting the vista amenity and directional sunlight they offer.

Value-conscious purchasers should evaluate lower floor units situated between the third and eighth storeys, which frequently deliver superior pricing without material compromise to amenity value. Units oriented away from major roads benefit from reduced traffic noise, a quality-of-life enhancement reflecting significantly in rental appeal and long-term holder satisfaction. Systematic comparison of unit-specific pricing across Bayshore Park's stack enables identification of anomalies potentially representing value opportunities within the broader development offering.

Future Supply Dynamics and District Growth

The East Coast district remains subject to government master planning and strategic development oversight. Bayshore Park occupies an established precinct with limited undeveloped land, suggesting constrained future supply growth relative to alternative residential zones. The Thomson-East Coast Line represents a completed transport infrastructure investment rather than an ongoing or future initiative, meaning no further transport-driven development uplift is anticipated specifically from MRT station proximity.

District demographic evolution, institutional facility enhancement (particularly schools and healthcare), and coastal recreational development remain material variables influencing long-term attractiveness. Proximity to proposed government initiatives, such as expansions to East Coast Park or cultural institutions, could generate positive externalities for Bayshore Park residents. Purchasers should monitor urban planning announcements and estate rejuvenation programmes affecting the broader precinct, as such initiatives frequently correlate with sustained property value appreciation and demand stability.

Frequently Asked Questions

What rental yield can I expect from purchasing a unit at Bayshore Park as an investment property?

Estimated gross rental yields for properties at Bayshore Park typically range between 2.5 and 3.5 percent per annum, though specific outcomes depend upon unit configuration, floor level, orientation, and market conditions at the point of rental listing. The development's proximity to Bayshore MRT station enhances tenant attraction, as corporate expatriates and young professionals prioritise commuting efficiency. However, net yields require deduction of monthly maintenance fees, property tax, and potential vacancy periods, meaning investors should model conservative scenarios and factor in operational costs before proceeding with acquisition decisions.

How does the pricing per square foot at Bayshore Park compare to recent transactions in the East Coast district?

Properties within the East Coast precinct near Bayshore MRT station demonstrate per-square-foot transactional evidence typically clustering within established ranges reflecting the market's competitive positioning. Recent sales of comparable waterfront and near-MRT developments within 500 metres of the subject address provide contextual benchmarking, though individual unit configurations, floor levels, and orientations create substantial variation around district averages. Prospective purchasers should commission professional valuations and comparative market analysis before proceeding, ensuring proposed acquisition prices reflect fair value relative to recent secondary market activity rather than relying on headline figures alone.

What is the Additional Buyer's Stamp Duty impact for Singapore citizens purchasing Bayshore Park as a second residential property?

Singapore citizens acquiring a second residential property incur Additional Buyer's Stamp Duty calculated at 20 percent of the purchase price. For a property priced at S$1.5 million, the ABSD liability reaches S$300,000, a significant cost factor substantially extending total acquisition costs beyond the property price itself. This levy substantially impacts break-even analysis for investment properties, increasing the threshold property appreciation or cumulative rental income required to justify acquisition relative to alternative investments. Buyers should engage qualified tax advisors to confirm ABSD obligations based on individual citizenship status, prior property acquisitions, and ownership structures.

Does lease decay present a material risk to Bayshore Park property values over extended holding periods?

Properties at Bayshore Park operate under standard 99-year leasehold tenure structures, with the specific lease commencement date determining residual lease at point of acquisition. Whilst the development is comparatively modern, purchasers should factor lease decay into long-term holding strategies, recognising that properties approaching 60-year residual leases experience material valuation impacts and banking institutions increasingly restrict loan-to-value ratios. The East Coast market demonstrates historical resilience regarding lease-affected properties, though purchasers intending extended ownership should investigate lease extension protocols and estimated costs, ensuring long-term holding economics remain viable and exploring potential reversionary interest acquisition mechanisms.

How does proximity to Bayshore MRT Station specifically influence capital appreciation and long-term demand for Bayshore Park units?

The Bayshore MRT Station's recent opening fundamentally reshapes transport accessibility, with properties within 400 metres commanding material premiums relative to equivalent units located further afield. The Thomson-East Coast Line provides express connectivity northbound to Woodlands and southbound to Marina Bay and the CBD, dramatically expanding the practical commuting radius for residents employed across central and eastern Singapore. Analysts expect sustained demand pressure for the station catchment as service matures, particularly given hybrid working arrangements increasing lifestyle neighbourhood prioritisation relative to proximity-to-office requirements, likely favouring developments occupying the intersection of modern transport infrastructure and established residential amenities.

Which buyer profiles are best suited for purchasing units at Bayshore Park currently?

Bayshore Park appeals distinctly to upgrading families seeking additional space and improved amenities, young professional couples commuting to central business districts where MRT connectivity reduces travel friction, and established investors targeting medium-term holds of seven to fifteen years within mature, supply-constrained precincts. First-time buyers should carefully evaluate total acquisition costs including ABSD implications, ensuring financing capacity aligns with broader financial circumstances. High-net-worth individuals frequently view East Coast waterfront units as diversified portfolio components, valuing convenience, lifestyle amenities, and capital preservation characteristics, whilst owner-occupiers consistently demonstrate strong demand for the district.

What TDSR headroom do purchasers require to finance properties at typical Bayshore Park price points?

For a property priced at the typical range within Bayshore Park, prospective owner-occupiers should model minimum annual household incomes of approximately S$100,000 to S$130,000 to comfortably satisfy Total Debt Service Ratio requirements of 60 percent, assuming 25-year loan tenures and prevailing interest rates. Most financial institutions extend loan-to-value ratios of 75 to 80 percent for owner-occupied residential properties, requiring purchasers to mobilise corresponding down-payments. Second-property purchasers face an additional material cost through 20% ABSD on the purchase price, substantially extending financing requirements beyond basic property acquisition costs.

How does Bayshore Park compare to competing developments in the East Coast precinct at equivalent price points?

The East Coast precinct hosts several competing developments positioned at comparable price points and distance bands from Bayshore MRT station, requiring prospective purchasers to evaluate alternative offerings within one kilometre systematically. Variations in unit configuration, amenity provision, architectural design, and pricing validate Bayshore Park's relative market positioning against developments completed pre-2015 that typically command lower pricing, though certain investors prioritise price stability and established rental markets over modern finishes. Strategic evaluation should extend to pipeline supply within the broader East Coast market, as upstream launches may influence absorption rates, pricing trajectories, and rental yield sustainability across the precinct.

Which floor levels and stack positions at Bayshore Park offer the best value relative to amenity delivery?

Mid-to-upper floor units at Bayshore Park generally command pricing premiums relative to lower levels, reflecting preferences for daylight maximisation, noise reduction, and security perceptions. However, value-conscious purchasers should evaluate lower floor units positioned between the third and eighth storeys, which frequently deliver superior pricing without material compromise to amenity value. Units positioned towards the building's periphery benefit from superior natural ventilation and light access relative to interior-facing orientations, whilst those oriented away from major roads benefit from reduced traffic noise enhancing long-term satisfaction and rental appeal. Systematic comparison across Bayshore Park's stack enables identification of pricing anomalies potentially representing value opportunities.

What future supply and district growth factors might influence Bayshore Park's long-term investment credentials?

The East Coast district remains subject to government master planning with limited undeveloped land, suggesting constrained future supply growth relative to alternative residential zones and supporting sustained demand for established properties. The Thomson-East Coast Line represents completed transport infrastructure rather than ongoing development, meaning no further transport-driven uplift is anticipated specifically from MRT expansion. However, demographic evolution, institutional facility enhancement (particularly schools and healthcare), and coastal recreational development remain material variables influencing long-term attractiveness. Purchasers should monitor urban planning announcements and estate rejuvenation programmes, as such initiatives frequently correlate with sustained property value appreciation and demand stability across established precincts.

What are the material transactional costs beyond the purchase price when acquiring a unit at Bayshore Park?

Purchasers acquiring properties at Bayshore Park incur several material costs beyond the headline purchase price. These include Buyer's Stamp Duty on the purchase price, legal conveyancing fees typically ranging from S$800 to S$1,500, property tax computed on the annual value of the property, insurance, and valuation fees required by financing institutions. Second-property purchasers additionally face 20% Additional Buyer's Stamp Duty on the purchase price. For a property priced at S$1.5 million, total acquisition costs including ABSD may exceed S$450,000, making detailed financial planning essential before commitment. Monthly ownership costs encompass maintenance fees for building management and amenities, property tax, insurance, and potential mortgage interest if financing is utilised.