Should you go ahead with buying Property which is on sale at Bayshore Park D16 in Singapore?

Whether it is a good purchase decision depends on various factors such as your budget, location preferences, and investment goals. Here are a few considerations that may help you make an informed decision:

1. Location: Bayshore Park is located in District 16 of Singapore, which is known for being a tranquil area with a mix of residential and commercial developments. Its proximity to East Coast Park and park connectors makes it attractive to those who value an active lifestyle.

2. Property Type: Assuming you're referring to the Bayshore Park condominium project, it offers a range of unit types, including 1 to 4-bedroom apartments. Consider the size, layout, and view orientation that best suit your needs and preferences.

3. Price: Property prices in Bayshore Park can vary depending on unit type, size, and facing. Compare the asking price with recent transactions and market trends to ensure you are making a fair purchase.

4. Amenities: Bayshore Park offers various facilities, including a clubhouse, swimming pool, gym, and tennis court. Consider the importance of these amenities to your lifestyle and whether they are adequately maintained.

5. Accessibility: The development is situated close to public transportation options such as the Bayshore MRT station and various bus services. Assess your daily commute or transportation needs to ensure the location is convenient for you.

6. Future Development: Research any upcoming plans or developments in the vicinity that could potentially affect the value of the property. For instance, the upcoming Bayshore MRT station is expected to be completed by 2025, which may have an impact on the area.

7. Investment Potential: Consider your long-term investment goals. Bayshore Park has a good reputation and demand due to its location, but property values can fluctuate over time. Consult a real estate professional to understand the market dynamics and potential rental yields.

8. Financial Considerations: Property purchases involve significant upfront costs, such as down payments and stamp duties. Ensure you have the necessary funds to cover these expenses and potential renovation or maintenance costs in the future.

Remember, buying property is a significant financial decision. It's advisable to conduct thorough research, consult with real estate professionals, and carefully evaluate all aspects before committing to a purchase.