THE BAYSHORE
UrbanLens Analysis
At $1,373 PSF, THE BAYSHORE prices 7% below the District 16 median. Compare that to BAGNALL HAUS at $2,500 PSF -- a 45% premium that buyers need to justify. Being 4 minutes on foot from Bayshore MRT (308m) adds genuine convenience and supports the pricing.
The 10.8% gain in two years signals steady demand -- solid, not speculative. 77 transactions over two years gives deep liquidity and reliable pricing signals. For context, ECO has gained 5.0% over the same period.
Around 66 years remain on the lease. Financing is still available, but the exit window narrows with each passing year. Factor this into any holding period beyond 15 years. Gross yield of 3.4% tracks the OCR average of 3.4%. At $3,987/month median rent, income is market-rate -- neither a standout nor a weakness.
At 1038 units, this is a mega-development. Maintenance economies and extensive amenities are the upside; oversupply during downturns is the risk.
Nearby Comparables
| Development | Median PSF | Yield | 2Y Change |
|---|---|---|---|
| BAGNALL HAUS | $2,500 | — | 0.0% |
| SCENECA RESIDENCE | $2,067 | — | -0.8% |
| URBAN VISTA | $1,570 | 4.0% | +3.9% |
| ECO | $1,521 | 3.9% | +5.0% |
| GRANDEUR PARK RESIDENCES | $1,965 | 3.3% | +10.0% |
PSF Trend
Own a unit here?
Get an instant valuation based on real transaction data for your floor and unit size.