Discover
Discover
Is there still a unit near Bayshore MRT that is around 1000sqft? What is the price
4 people
20 views
Bayshore is a residential precinct located in District 16 in the Bedok area of Singapore, well known for developments like Bayshore Park and The Bayshore condominium. It has seen renewed interest due to government plans for future development, increased connectivity with the new Bayshore MRT station (Thomson-East Coast Line), and the recent launch of new private residential sites.
Key highlights of Bayshore:
- Major residential developments: Bayshore Park is a large leasehold condominium offering a range of unit types, popular for its sea views and full facilities. Transaction prices in the last year ranged from approximately S$1,057 to S$1,458 per square foot, with an average of about S$1,285 per square foot. The latest highest transacted price was S$1,484 per square foot for a 936-square-foot unit in June 2024. Current rental yield averages about 3.5%.
- Connectivity: The precinct is served by Bayshore MRT (TE29) on the Thomson-East Coast Line, with improved public transport access making the area more attractive for both homebuyers and investors.
- Future growth potential: Bayshore is earmarked for significant residential expansion as part of the government’s development plans. The area is planned to see a mix of both public and private housing, aiming to create a vibrant, inclusive waterfront precinct.
- Amenities and lifestyle: Residents enjoy convenient access to nature spots like East Coast Park, and amenities in Bedok, such as Bedok Mall and integrated transport options. The area is targeted for enhanced cycling and pedestrian connectivity, linking parks and recreation spaces.
- New launches: The government has released the first private residential site in the new Bayshore precinct, kick-starting development in a 60-hectare estate on reclaimed land. This is expected to drive further interest, with more government land sale plots slated for launch.
- Market context: District 16 is a well-established and active property market in Singapore, popular among families and investors due to its balance of private condos, public flats, and good infrastructure.
- Major residential developments: Bayshore Park is a large leasehold condominium offering a range of unit types, popular for its sea views and full facilities. Transaction prices in the last year ranged from approximately S$1,057 to S$1,458 per square foot, with an average of about S$1,285 per square foot. The latest highest transacted price was S$1,484 per square foot for a 936-square-foot unit in June 2024. Current rental yield averages about 3.5%.
- Connectivity: The precinct is served by Bayshore MRT (TE29) on the Thomson-East Coast Line, with improved public transport access making the area more attractive for both homebuyers and investors.
- Future growth potential: Bayshore is earmarked for significant residential expansion as part of the government’s development plans. The area is planned to see a mix of both public and private housing, aiming to create a vibrant, inclusive waterfront precinct.
- Amenities and lifestyle: Residents enjoy convenient access to nature spots like East Coast Park, and amenities in Bedok, such as Bedok Mall and integrated transport options. The area is targeted for enhanced cycling and pedestrian connectivity, linking parks and recreation spaces.
- New launches: The government has released the first private residential site in the new Bayshore precinct, kick-starting development in a 60-hectare estate on reclaimed land. This is expected to drive further interest, with more government land sale plots slated for launch.
- Market context: District 16 is a well-established and active property market in Singapore, popular among families and investors due to its balance of private condos, public flats, and good infrastructure.
Bayshore is poised to become a sought-after, vibrant community in the east, combining strong connectivity, proximity to recreation and amenities, and ongoing public and private investment. For listings, price trends, and market insights about Bayshore properties, EdgeProp Singapore provides extensive details, tools, and up-to-date transaction data.
Thanks for choosing EdgeProp Buddy for your query. Remember, I'm currently in Beta. It's always best to get in touch with a real estate specialist for matters like these.