BAYSHORE PARK Review

Condo Review 5 min read Last reviewed
District 16 · 99 yrs lease commencing from 1982 · Completed 1986
~$1,303Avg PSF (12-month)
1,083Total units
Category Ratings
Walkability
4.8
Investment
6.8
En-Bloc Potential
6.2
ShiokNest Score
4.8

Overview & Key Facts

BAYSHORE PARK is a 99 yrs lease commencing from 1982 condominium at BAYSHORE ROAD in District 16 (OCR), developed by OCEAN FRONT PTE LTD, comprising 1083 units, completed in 1986.

Developer
OCEAN FRONT PTE LTD
Tenure
99 yrs lease commencing from 1982
Total units
1,083
TOP year
1986
District
16 — OCR
Street
BAYSHORE ROAD
Lease remaining
~55 years (of 99)

Location & Connectivity

BAYSHORE PARK is approximately 640m from Bayshore MRT station, with 3 stations within 1.5 km.

MRT stations near BAYSHORE PARK
StationLineDistance
BayshoreThomson-East Coast Line640m
SiglapThomson-East Coast Line1 km
Bedok SouthThomson-East Coast Line1.4 km

Schools & Education

13 schools within 2 km (4 within 1 km priority zone).

Schools near BAYSHORE PARK
SchoolTypeDistance
Dunman High SchoolSecondary660m
Dunman High School (JC)Jc660m
Victoria SchoolSecondary960m
Victoria Junior CollegeJc960m
Global Indian International School (GIIS East Coast)International1.2 km
East Coast Primary SchoolPrimary1.2 km
Opera Estate Primary SchoolPrimary1.3 km
Bedok South Secondary SchoolSecondary1.4 km

Unit Mix & Pricing

Unit mix for BAYSHORE PARK
TypeSalesAvg PSFAvg Price
1 BR2$1,214 psf$758,000
2 BR93$1,234 psf$1,153,820
3 BR42$1,250 psf$1,506,682
5+ BR12$1,137 psf$2,756,917

Market Position

BAYSHORE PARK has recorded 149 sales at an average price of $1,377,080.

BAYSHORE PARK sits at the 32nd percentile of District 16 condo PSF.
$1,303 psf
Avg PSF (12mo)
$1,377,080
Avg Price
3.2%
Gross Yield
149
Total Sales

Rental Yield by Bedroom Type

Blended yield hides the spread between unit sizes — smaller units at BAYSHORE PARK typically rent harder per dollar of purchase price:

Per-bedroom gross yield at BAYSHORE PARK
TypeAvg RentAvg PriceGross Yield
1 BR$2,727/mo$758,0004.32%
2 BR$3,279/mo$1,153,8203.41%
3 BR$4,041/mo$1,506,6823.22%
5 BR$8,620/mo$2,756,9173.75%

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Price Appreciation

PSF trend for BAYSHORE PARK
YearSalesAvg PSFYoY
202136$1,061 psf
202218$1,202 psf↑ 13.3%
202322$1,293 psf↑ 7.6%
202436$1,301 psf↑ 0.6%
202528$1,317 psf↑ 1.2%
20269$1,258 psf↓ 4.5%

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BAYSHORE PARK prices have cooled 4.5% from the 2025 peak, yet remain 18.5% above where the series began in 2021.

Price Index Check

The ShiokNest Price Index for District 16 reads 130.8 as of June 2026 — up 7.1% year-on-year. The index tracks repeat-sales price movement, so it is less distorted by shifts in what happens to be transacting than a raw average PSF.

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Neighbourhood Comparison

District 16 competitors
CondoTenureAvg PSFSales
PINERY RESIDENCES99 years leasehold$2,551 psf551
VELA BAY99 years leasehold$2,869 psf371
SCENECA RESIDENCE99 yrs lease commencing from 2021$2,085 psf270
THE BAYSHORE99-year leasehold$1,237 psf251
THE GLADES99 yrs lease commencing from 2013$1,615 psf230

Lease Analysis

With 55 years remaining on its 99-year lease, buyers should note CPF usage and loan tenure may be restricted.

What Could Work Against You

  • With roughly 55 years left on the lease, financing restrictions begin to bite: CPF usage tightens and banks trim loan tenures, which shrinks the future buyer pool.
  • Completed in 1986, the development is over 40 years old — budget for rising maintenance, dated M&E systems, and the possibility that value increasingly rests on en-bloc potential rather than the units themselves.

Who This Actually Suits

This is a strong match for families with young children, car-owning households, yield-focused investors and long-term hold (10+ yr). Family-suitable layout and OCR (Outside Central Region) location with established school catchments nearby.


Verdict

BAYSHORE PARK is a 99 yrs lease commencing from 1982 development in District 16 (OCR), with 1083 units, offering a gross yield of 3.2%.

At ~$1,303 psf, it represents a competitive entry point in the OCR segment.

Explore the full BAYSHORE PARK dashboard for interactive analytics.

HDB Alternatives Nearby

Weighing BAYSHORE PARK against staying public? These HDB towns sit within walking or short-drive distance:

  • Bedok — 4-room average $659,895 (950m away), an upgrader gap of about $700,000
  • Geylang — 4-room average $761,443 (1.7 km away), an upgrader gap of about $600,000
  • Marine Parade — 4-room average $648,065 (2 km away), an upgrader gap of about $750,000

FAQ

What is the average PSF for BAYSHORE PARK?
The 12-month average is approximately $1,303 psf.
Is BAYSHORE PARK freehold?
BAYSHORE PARK has a 99 yrs lease commencing from 1982 tenure with ~55 years remaining.
What is the rental yield for BAYSHORE PARK?
The estimated gross yield is 3.2%.
Which MRT is nearest to BAYSHORE PARK?
The nearest is Bayshore MRT at 640m.

Sources & Next Steps

Methodology & Sources

This analysis covers All available years and refreshes as new data becomes available.

Transaction data sourced from URA REALIS.

  • Sales data: 149 transactions
  • Rental data: 1608 leases
  • Source: URA REALIS

Median values used to minimise outlier impact. PSF = price per square foot.

Data as of June 2026

Latest recorded data point: Jun 2026 · 149 records analysed · Source: URA private-sale caveats

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