Bayshore Road GLS: Singapore’s Most Exciting Coastal Land Tender of 2025

The Bayshore Road GLS (Government Land Sales) site, successfully awarded in early 2025, has become one of the hottest residential plots in recent memory. Located along prime Bayshore Road in District 16, opposite The Bayshore and next to Costa Del Sol, this 99-year leasehold parcel marks the first major private residential site released in the Bedok/Bayshore precinct in over a decade. Spanning approximately 105,486 sq ft (9,802 sqm) with a permissible gross floor area (GFA) of up to 294,362 sq ft, the site is zoned for a maximum gross plot ratio of 3.0 and can yield around 515 luxurious condominium units.

The tender, launched under the Confirmed List of the 2H 2024 GLS Programme and carried forward into 2025, closed with intense competition among top developers. A consortium led by a major Singapore-listed developer ultimately clinched the land at a record-breaking price of between S$1,350 and S$1,400 psf ppr — significantly higher than the nearby Bayshore Road parcel sold in 2011 for S$530 psf ppr. Analysts attribute the aggressive bidding to the site’s unrivalled attributes: direct frontage onto East Coast Park, unobstructed sea views for higher floors, and a dedicated side-gate link to Bayshore MRT station (Thomson-East Coast Line) just 60 seconds away.

What makes the Bayshore Road GLS site truly exceptional is its future-proof location. Residents will enjoy seamless Bayshore Road GLS connectivity via the ECP, PIE, and upcoming Bedok South MRT (due 2026). The government’s ambitious Long Island reclamation project — set to create 800 hectares of new coastal land with parks, reservoirs, and beaches — lies directly across the water, promising transformative lifestyle and capital appreciation potential. Combined with the planned addition of over 10,000 new homes, retail amenities, and international schools in the greater Bayshore precinct, the area is evolving into Singapore’s next waterfront living hub.

The winning bid reflects strong market confidence in the East Coast corridor, especially among HDB upgraders and high-net-worth buyers seeking resort-style homes with genuine seafront access. Industry experts forecast launch prices for the eventual condominium — widely expected to be named Bayshore Residences — to start from S$2,400–S$2,600 psf, with premium sea-facing units potentially exceeding S$3,000 psf. This positions the project as a direct competitor to luxury developments like Amber Park and Seaside Residences, yet with superior MRT proximity and future Long Island views.

For investors and homebuyers, the Bayshore Road GLS site represents a rare opportunity to enter a rapidly maturing coastal enclave before prices escalate further. With completion targeted for 2029–2030, the development is poised to set new benchmarks for design, facilities, and pricing in District 16. The successful tender not only underscores the resilience of Singapore’s private residential market but also signals the dawn of a vibrant new era for Bayshore living.