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Condo prices · D16

Bayshore Park

Bayshore Road · D16 · Outside central region · Condominium

The median sale at Bayshore Park was $1,261,000 — $1,281 psf — across 130 transactions between Oct 2021 and Oct 2026. 99-year lease from 1982.

Median price
$1,261,000
130 sales in the window.
Median per sq ft
$1,281 psf
Median unit 936 sq ft.
Lease remaining
55 years
99-year lease from 1982

What it costs per month of lease

A lease is a wasting asset. Spread the median price across the months of lease that are left and the figure is comparable between a dear flat with a long lease and a cheap one with a short one — which is the comparison a price alone cannot make.

Price per month of lease
$1,911
$1,261,000 over 55 years remaining.
Per sq ft per year
$24.48
What a square foot of this development costs for one year of lease.
Lease expires
2081
44 per cent of the lease already run.

This is the purchase price divided by the lease, and nothing else. It excludes stamp duty, the interest on a mortgage, maintenance and property tax. The calculator adds those.

Year by year

The median moved up 19 per cent a square foot between 2021 and 2026. The sale count beside each year is how much evidence that year rests on.

  • 202110 sales$1062
  • 202218 sales$1198
  • 202322 sales$1324
  • 202436 sales$1308
  • 202528 sales$1313
  • 202616 sales$1269
Show the figures
YearMedian pricePer sq ftSales
2021$1,050,000$1,062 psf10
2022$1,326,000$1,198 psf18
2023$1,302,500$1,324 psf22
2024$1,282,500$1,308 psf36
2025$1,290,000$1,313 psf28
2026$1,190,000$1,269 psf16

What it rents for

URA’s median of rental contracts lodged at Bayshore Park in 2026Q3, per square foot per month.

Median rent per sq ft
$3.74
A month. Middle half of contracts ran $3.47 to $4.09.
Gross yield
3.50%
A year of median rent against the median sale price.
Median sale per sq ft
$1,281 psf
The figure the rent is divided into.

Gross, and the word is doing work. It is before property tax, maintenance and sinking fund, agent commission on each new tenancy, the months between tenants, income tax on the rent, and the mortgage. A net figure would need assumptions about a particular buyer that this site does not get to make.

Other developments in D16

Transactions from the Urban Redevelopment Authority, covering Oct 2021 to Oct 2026. URA publishes a rolling five-year window; months before it are held in this site’s own archive. A caveat is lodged after a sale is agreed, so the most recent weeks are always incomplete.