One of the most talked-about sites recently is the Bayshore GLS site. Already, we’re seeing pre-emptive websites set up to sell the “new Bayshore integrated condo.” But what is it about this site that makes it so hot when, up until recently, Bayshore was considered a rather inaccessible and sparse area in Singapore? Also, are the changes to Bayshore transformative enough to justify the location to homeowners first, and investors second? Let’s take a look: The Bayshore GLS site This is the first private housing site for the planned Bayshore precinct, a new residential zone that’s still being developed. It’s situated next to Costa del Sol, an existing condominium, and is also next to the new Bayshore MRT station (TEL). This is a leasehold, 112,992 sq. ft. site expected to yield around 515 homes. The Bayshore Road site attracted eight bidders and a top bid of $1,388 psf ($658.9 million) from Sing-Haiyi. The competition between developers was significant, as the second highest...