First Mover in the New Bayshore Precinct

Vela Bay

D16 99-year Leasehold Q4 2031 TOP 515 Units 1 – 5 Bedroom 139 units left · Jul 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.

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Key Details

District
Tenure
99-year Leasehold
Estimated TOP
Q4 2031
Total Units
515 units
Bedroom Types
1 – 5 Bedroom
Indicative Price
$1.2M ($2,886 avg psf)
Developer
SingHaiYi Group & Chuan Capital
Nearest MRT
Bayshore — next to station

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

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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?
Indicative pricing starts from $1.2M (approximately $2,886 avg psf). The exact price list will be released closer to launch. Register your interest and I'll send you the latest pricing the moment it's available.
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 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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YJ

Yong Jia Tan

Licensed Real Estate Salesperson · Rise Realty · Data-driven property advice

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