Bayshore Drive GLS (Condo) — Overview
Bayshore Drive, Singapore · D16. Bedok / Upper East Coast
- 1280 Units
- Completion: N/A
- Condominium
- Leasehold (99-year)
Bayshore Drive GLS Upcoming New Launch in District 16 (Bedok / Upper East Coast)
Latest Update (20 July 2026): URA awarded the Bayshore Drive GLS site to Gemini Residential Pte. Ltd. and Gemini Trustee Pte. Ltd. (as trustee-manager of Gemini Mall Trust) for S$2,128,000,000. The bid equates to S$14,243.83 per sqm of gross floor area, or approximately S$1,323 psf per plot ratio.
The 99-year leasehold commercial and residential site measures 57,460.6 sqm, with a maximum permissible gross floor area of 149,398 sqm. The official project name, residential unit mix, pricing and preview dates have yet to be announced.
Register your interest to receive updates when the developer releases project details.
The Bayshore Drive GLS site is an upcoming mixed-use development in District 16. With the tender awarded, buyers now have a confirmed land cost benchmark, while the eventual residential and commercial plans remain to be announced.
Factsheet
| Name | Bayshore Drive GLS (project name to be announced) |
| Allowable Development | Commercial and Residential |
| Successful Tenderers | Gemini Residential Pte. Ltd. and Gemini Trustee Pte. Ltd. (as trustee-manager of Gemini Mall Trust) |
| Location | Bayshore Drive |
| District | District 16 – Bedok / Upper East Coast |
| Tenure | 99-year leasehold |
| Site Area | 57,460.6 sqm (approximately 5.75 ha) |
| Maximum Permissible GFA | 149,398 sqm |
| Gross Plot Ratio | Approximately 2.6 |
| Winning Bid | S$2,128,000,000 (S$14,243.83 per sqm of GFA; approximately S$1,323 psf ppr) |
| GLS Status | Awarded |
| Tender Launch / Close | 30 March 2026 / 15 July 2026 |
| Tender Award Date | 20 July 2026 |
| Confirmed Residential Unit Count / Preview | To be announced |
Key Highlights
- District 16 site awarded for commercial and residential development
- S$2.128 billion winning bid, approximately S$1,323 psf ppr
- 99-year leasehold site measuring 57,460.6 sqm
- Maximum permissible GFA of 149,398 sqm
- Residential unit mix and commercial concept have yet to be announced
Location & Connectivity
Bayshore Drive is in District 16, serving the Bayshore, Bedok and Upper East Coast areas. The surrounding area has existing private homes and access to East Coast amenities.
Bayshore MRT on the Thomson-East Coast Line is in the area. Buyers should check the eventual site entrances and actual walking routes once the developer publishes its site plan. Road access towards the East Coast Parkway is another consideration.
Location takeaway: Consider day-to-day transport and amenities alongside the eventual layout, unit orientation and commercial component.
Supply & Competition in the Area
This large mixed-use parcel may add significant new housing supply to the Bayshore area, depending on the developer's final plans. Buyers should compare its eventual residential unit mix and prices with nearby new launches, resale options and other planned Bayshore sites.
What the Tender Result Means for Buyers
The land bid confirms developer commitment to the site, but it does not determine future selling prices or the scale of the residential component. The commercial and residential mix, design, construction costs and market conditions will all affect positioning.
For owner-occupiers, the eventual commercial uses may bring convenience, but buyers should also review how the shops, access points and servicing areas relate to individual residential stacks.
Long-Term Area Plans
Future planning for the Bayshore area and eastern coastline may shape the neighbourhood over time. Treat broader initiatives such as Long Island as long-term context; the final scope and timing of nearby changes should be checked separately when assessing a purchase.
Estimated Pricing & Market Positioning
The winning bid equates to approximately S$1,323 psf per plot ratio. This is a land cost measure based on the site's permissible gross floor area, not the future selling price per square foot.
Indicative launch prices have not been released. Compare the eventual total purchase quantum, layout efficiency, floor level and commercial interface with other District 16 options.
Planning ahead? Refer to the Housing Loan Guide and Stamp Duty Guide to assess financial readiness.
Who This Project May Appeal To
- Buyers considering a future home in the Bayshore and Upper East Coast area
- Owner-occupiers interested in MRT access and potential on-site amenities
- Buyers comparing a mixed-use project with nearby condominium and resale options
What Buyers Should Watch Next
- Official project name, residential unit count and unit mix
- Commercial concept and its relationship to the residential blocks
- Site plan, floor plans and walking access to Bayshore MRT
- Indicative prices, preview and booking dates
Related Buyer Guides
Your Early Access Starts Here
Register your interest to receive the site plan, floor plans, indicative pricing and preview dates when released.
Press Coverage
Source: https://www.ura.gov.sg/news/media/pr26-55
Published: 20 July 2026
URA awarded the site to Gemini Residential Pte. Ltd. and Gemini Trustee Pte. Ltd. (as trustee-manager of Gemini Mall Trust). The tender opened on 30 March 2026 and closed on 15 July 2026. The lease term is 99 years.
| Location | Allowable Development | Site Area | Maximum Permissible GFA | Successful Tenderers | Tendered Price |
|---|---|---|---|---|---|
| Bayshore Drive | Commercial and Residential | 57,460.6 m² | 149,398 m² | Gemini Residential Pte. Ltd. and Gemini Trustee Pte. Ltd. (as trustee-manager of Gemini Mall Trust) | S$2,128,000,000 (S$14,243.83 per m² of GFA) |