Vela Bay | New Condo Launch in Bedok / Bayshore (D16) | Property Playbook
First Mover in the New Bayshore Precinct

Vela Bay

D16 99-year Leasehold Q4 2031 TOP 515 Units 1 – 5 Bedroom 131 units left · Sep 2026 TEL Line

Vela Bay is the first private residential launch in the newly master-planned Bayshore precinct in District 16 — one of East Singapore's most coveted coastal addresses. Two towers of up to 31 storeys sit right next to Bayshore MRT on the Thomson-East Coast Line, directly opposite East Coast Park. Launched April 2026 to exceptional demand — 72% sold on launch day at an average of $2,886 psf.

Vela Bay sample floor plan
Price (starting from)
1 Bedroom + Study 484 sqft $1.47M
2 Bedroom 592 sqft $1.70M
2 Bedroom Premium 689 sqft $1.89M
3 Bedroom 883–893 sqft $2.31M
3 Bedroom Premium 1,033 sqft $2.83M
4 Bedroom 1,173 sqft $3.19M
4 Bedroom (Private Lift) 1,378 sqft $3.84M
5 Bedroom (Private Lift) 1,582 sqft $4.54M
Penthouse 2 1,765 sqft $5.74M
Vela Bay

Key Details & Pricing

District
Tenure
99-year Leasehold
Estimated TOP
Q4 2031
Total Units
515 units
Bedroom Types
1 – 5 Bedroom
Indicative Price
$1.47M ($3,030 avg psf)
Developer
SingHaiYi Group & Chuan Capital
Nearest MRT
Bayshore — next to station

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Unit Mix & Floor Plans

Vela Bay offers layouts across 1 – 5 Bedroom — the developer releases exact stack orientation, unit sizes and floor plans progressively. Request the current set below and I'll send you the PDF floor plans for the unit types you're considering, plus which stacks currently have availability.

Limited Units Remaining

131 units left as of Sep 2026. Availability on well-located launches like this moves fast — check current stack and floor availability before you shortlist.

Book a Showflat Viewing

Showflat visits are strictly by appointment. Let me know a day and time that works and I'll confirm the slot with you directly.

Key Highlights

  • Right next to Bayshore MRT (TEL) — direct line to Gardens by the Bay & Marina Bay
  • First launch in URA's new Bayshore precinct — first-mover pricing before the area matures
  • East Coast Park directly opposite — seafront lifestyle at your doorstep
  • 15 minutes to Changi Airport via East Coast Parkway
  • Within 1km of Temasek Primary School

Ask YJ Anything

Within 1km

Temasek Primary School

Within 2km

Opera Estate Primary School, St Patrick's School

Why schools matter
Singapore's popular primary schools require registration based on distance bands. Living within 1km of a top primary gives your child priority admission — a major quality-of-life consideration for young families.

Why Buy Vela Bay?

Bayshore is a brand-new URA master-planned precinct, and Vela Bay is its very first residential launch — history shows first movers in new precincts (think Lentor, one-north) capture the strongest appreciation as later launches set higher benchmarks. The 72% launch-day take-up confirms deep demand for the East Coast waterfront story.

Frequently Asked Questions

What is the price range for Vela Bay?
The official price list was released at preview — indicative pricing starts from $1.47M (average $3,030 avg psf). WhatsApp me for the latest unit availability and exact stack-level pricing.
Is there a showflat for Vela Bay?
Showflat visits for Vela Bay are by appointment only. Tell me a day and time that works and I'll confirm the slot with you directly on WhatsApp.
Where can I get the Vela Bay floor plans?
Floor plans for Vela Bay (unit layouts, stack orientation and sizes across its 1 – 5 bedroom range) are released progressively by the developer. Request the latest set and I'll send you the exact PDF floor plans for the units you're considering.
When is the TOP for Vela Bay?
The estimated Temporary Occupation Permit (TOP) date is Q4 2031. This is an indicative date and may be subject to change depending on construction progress.
Is Vela Bay a good investment?
Bayshore is a brand-new URA master-planned precinct, and Vela Bay is its very first residential launch — history shows first movers in new precincts (think Lentor, one-north) capture the strongest appreciation as later launches set higher benchmarks. The 72% launch-day take-up confirms deep demand for the East Coast waterfront story.
Is Vela Bay freehold or leasehold?
Vela Bay is a 99-year Leasehold development. 99-year leasehold is the most common tenure in Singapore and does not affect your ability to sell or rent the property.
What is my ABSD liability as a buyer?
ABSD depends on your citizenship status and number of properties owned. Singapore Citizens buying their first property pay 0% ABSD. Second property is 20% ABSD. PRs pay 5% on first property and 30% on second. Foreigners pay 60%. I can calculate your exact liability — WhatsApp me with your details.
Can I use CPF to buy this property?
Yes, Singapore Citizens and PRs can use CPF Ordinary Account (OA) savings to pay for the purchase price and monthly loan instalments, subject to CPF withdrawal limits and the property's remaining lease.

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