In this article, we take an in-depth look at the rental potential and yield analysis of Bayshore Road Condo by evaluating key investment indicators, neighborhood dynamics, future infrastructure, tenant demand, and expected appreciation.
Strategic Location Driving Rental Demand
One of the foremost factors influencing a condo’s rental potential is location. Bayshore Road Condo enjoys a coveted position in District 16, within walking distance of the upcoming Bayshore MRT station on the Thomson-East Coast Line (TEL). This significantly enhances accessibility to the Central Business District (CBD), Marina Bay, and Changi Airport—all within approximately 15–20 minutes by train.
Proximity to major employment hubs such as Changi Business Park, Paya Lebar Quarter, and the upcoming Aviation Park precinct boosts its appeal among working professionals and expatriates. For tenants who prioritize both accessibility and lifestyle, the area offers an excellent balance of seafront living and urban connectivity.
Profile of Likely Tenants
Understanding your tenant base is crucial for predicting rental success. Bayshore Road Condo is likely to attract:
Expats and foreign professionals, especially those working at the airport, business parks, or financial district
Young families looking for homes near reputable schools in the East
Singaporean upgraders seeking a lifestyle-centric environment with park and beach access
Corporate tenants relocating staff for mid-to-long-term housing
With a good mix of local and foreign tenant demand, this diversity contributes to consistent rental income and reduces risk during market fluctuations.
Proximity to Amenities and Lifestyle Offerings
Beyond workplace convenience, lifestyle amenities play a key role in attracting tenants. Bayshore Road Condo is located near:
East Coast Park – perfect for jogging, cycling, and beachfront leisure
Shopping malls like Bedok Mall and Parkway Parade
Supermarkets, cafes, and eateries, some within walking distance
Healthcare facilities including Parkway East Hospital
Tenants today value more than just four walls—they seek homes that offer convenience, community, and quality of life. Bayshore’s access to lifestyle destinations gives it an edge over more isolated developments.
Rental Price Benchmarks in the Bayshore Area
To assess potential rental yields, it's helpful to examine current rental prices in the immediate vicinity. Based on recent market data:
Older condos like Bayshore Park and Costa Del Sol command monthly rents of $4.00–$5.00 psf
Newer, well-located condos in East Coast typically achieve $5.50–$6.50 psf, depending on view, furnishings, and unit size
Assuming Bayshore Road Condo units are priced between $2,000–$2,300 psf, a 2-bedroom unit (approximately 750 sqft) purchased at $1.6M might fetch a rental of $4,000–$4,800/month, giving a gross rental yield of approximately 3.0–3.6%.
For larger 3- or 4-bedroom units, which may appeal to families and executives, gross yields may range from 2.7–3.2%, depending on layout and furnishing.
Capital Appreciation and Exit Strategy
While rental yield is important, long-term investors also consider capital gains potential. The East Coast region, and specifically the Bayshore precinct, is undergoing transformation under Singapore’s urban planning efforts:
Development of new commercial and transport infrastructure
Rejuvenation of East Coast Parkway and beach promenade
Rising land prices and limited future condo supply in the Bayshore zone
These improvements not only boost livability but also lay the foundation for price appreciation, especially as the MRT station nears completion and new lifestyle amenities are rolled out.
A well-timed exit strategy could see owners benefiting from both rental income during the holding period and capital gains at resale in 5–10 years.
Comparison with Other Investment Properties
Let’s briefly compare Bayshore Road Condo with other prime residential zones:
| Area | Avg. Rent Yield | Typical Tenant Profile |
|---|---|---|
| Orchard | 2.2–2.5% | High-net-worth expats, corporates |
| CBD (Marina Bay) | 2.0–2.4% | Professionals, executives, foreign buyers |
| East Coast (Bayshore) | 2.8–3.5% | Expats, families, professionals |
| West Coast | 2.5–3.0% | Local upgraders, industrial workers |
The East Coast area stands out with a higher yield ceiling due to lower entry price compared to the Core Central Region (CCR), yet still offers strong rental demand from a well-established tenant pool.
Tax Considerations and Expenses
Investors should factor in typical rental-related expenses such as:
Property tax on non-owner-occupied units
Maintenance fees
Agent fees and tenant turnover costs
Periodic repairs and upgrades
However, these are largely standard across condos and are mitigated by stable occupancy in the East Coast rental market, where vacancy rates remain low, especially near MRT stations.
Conclusion: Is Bayshore Road Condo Worth It as a Rental Investment?
In summary, Bayshore Road Condo offers a compelling case for rental investors:
✅ Excellent location near a new MRT station
✅ Strong rental demand from expats, professionals, and families
✅ Lifestyle-rich surroundings with parks, malls, schools, and healthcare
✅ Gross rental yields in the 3% range with upside potential
✅ Long-term capital appreciation prospects in a transforming precinct
While yield alone may not break records, the combination of resale potential, tenant stability, and long-term growth makes Bayshore Road Condo a strong contender for investors seeking a balance of income and asset appreciation.
Important Links
Bayshore Road Condo Projects Details
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Tax Benefits of Owning Rental Property
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Why the Bayshore Road Condo Location Is One of Singapore’s Best-Kept Secrets
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Bayshore Road Condo Projects Details
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