Vela Bay

2031
videoVela Bay Project Photo 0
Cover
Entrance
Pool
Perspective
Perspective
Perspective

About Vela Bay

Vela Bay is an exclusive new launch condominium located at the doorstep of Bayshore MRT Station along the upcoming Bayshore precinct. Rising 31 storeys across two elegant towers, the development comprises 515 residential units with 1 to 5-bedroom layouts. Over 70% of units are sea-facing, offering a rare coastal living experience in Singapore. With seamless connectivity to the CBD and Changi Airport via the TEL and close proximity to East Coast Park, residents can enjoy a refined lifestyle between the city and the sea.

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Key Property Details

Project Name

Vela Bay

Address

1 Bayshore Walk, Singapore 469816
Go to location widgetView on map

Nearest MRT

Bayshore MRT · 1 min walk

Completion year

2031

Tenure

99 YEARS

Launch Date

25 Apr 2026

Project Size

Medium (515 units)

Number of Units

515

District

D16

Neighbourhood

East Coast

Blocks

2

Floors

31

Property type

Condo

Developer

SingHaiyi Group & Chuan Capital

Buildings in Vela Bay

  • 1 Bayshore Walk469816
  • 3 Bayshore Walk469876

Showflat Address

Showflat address

1039 Eunos Ave 3, S409846

Showflat address

Visit Showflat with our specialists

Agent photopremium agent crown

Valerie Cai

HUTTONS ASIA PTE. LTD. CEA: R029866F | L3008899K

Agent photopremium agent crown

Julius Teo

PROPNEX REALTY PTE. LTD. CEA: R061879B | L3008022J

Available Units

Official developer brochure for Vela Bay

Vela Bay

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Site Plans

Vela Bay has 18 stacks, 2 blocks and up to 31 storeys.

Total blocks

2 Blocks

Total units

515 Units

Site plans and elevation charts for Vela Bay

Vela Bay Condo Site Plan in Bedok by SingHaiyi Group & Chuan Capital - Photo 0

Site Map

Pricing & Transaction History

Transaction history for Vela Bay

0 sale transactions

All

Studio

1 BR

2 BR

3 BR

4 BR

5+ BR

No data found

Source: URA, Realis and 99.co

Payment structure & financing options

Sale price

S$

S$ 4,158

/month

Principal
S$ 2,283
Interest
S$ 1,875

Downpayment (25%)

S$ 375k

Loan amount (75%)

S$ 1.13m

Tenure (yrs)

5

35

Loan (%)

10

75

Interest (%)

0

5

Developer discount

Developer Discounts & Incentives

Exclusive pricing for Vela Bay's most prestigious address.

Upgrade Plan

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Vela Bay's Progressive payment scheme

How your payments unfold - From booking to TOP, choose an example amount to see progressive payment amounts.

Milestone% of purchase priceTypical timing
Booking Fee (Optional)5Day 0S$50K
Sales & purchase signed15Week 2-3S$150K
Foundation completed106 moS$100K
Reinforced concrete works1012 moS$100K
Bricks walls / partition518 moS$50K
Roof / wiring & plaster524 moS$50K
Carparks, roads & drainage530 moS$50K
TOP (Key collection)2536 moS$250K
CSC (Legal completion)1548 moS$150K

Location

Location of Vela Bay

Vela Bay is located at 1 Bayshore Walk in District 16. The nearest MRT station to Vela Bay is Bayshore MRT.

Taxi

Public Transport

Driving

Add locations your travel to frequently to calculate travel time

Changi Airport

2 Transfers

47 mins

S$ 1.39

Raffles Place

1 Transfer

43 mins

S$ 1.43

Orchard Road

1 Transfer

50 mins

S$ 1.50

Amenities nearby Vela Bay

Schools

Distance

Alphabet Playhouse @ East Coast

4 mins (227 m)

Humanities Hub Education Centre

4 mins (285 m)

Rainbow Cove Pre-School @ Upper East Coast

521 m

MRT Stations

Distance

Bayshore

2 mins (119 m)

Bedok South

980 m

Siglap

1.3 km

Supermarkets

Distance

The Essential Corner

3 mins (168 m)

Sheng Siong Supermarket

741 m

H.M.S Minimart

1.1 km

Parks

Distance

Bayshore Underpass

6 mins (368 m)

Bougainvillea Garden

8 mins (572 m)

Angsana Green East Coast Parkway

10 mins (693 m)

Similar Condos

New Launch Condos similar to Vela Bay

See New Launches in District 16
Vela Bay is near other developments like Costa Del Sol, Balcon East and Venezio.

New Launch Condos nearby Vela Bay

Vela Bay

Vela Bay

Bayshore Walk · D16

Upper East Coast Road · D16

Tampines Street 95 · D18

Tampines Street 93 · D18

All BR

S$ 2,640 avg. psf

1 BR

S$ 2,652 avg. psf

2 BR

S$ 2,576 avg. psf

3 BR

S$ 2,607 avg. psf

4+ BR

S$ 2,732 avg. psf

All BR

S$ 2,590 avg. psf

1 BR

S$ 2,762 avg. psf

2 BR

S$ 2,541 avg. psf

3 BR

S$ 2,480 avg. psf

4+ BR

S$ 2,572 avg. psf

All BR

S$ 2,417 avg. psf

1 BR

-

2 BR

-

3 BR

S$ 1,745 avg. psf

4+ BR

S$ 1,850 avg. psf

All BR

S$ 2,548 avg. psf

1 BR

-

2 BR

S$ 2,241 avg. psf

3 BR

S$ 2,585 avg. psf

4+ BR

S$ 2,444 avg. psf

TOP in 2031

TOP in 2028

Not available (TOP)

Not available (TOP)

515 units

115 units

572 units

588 units

99 year leasehold

Freehold

99 year leasehold

99 year leasehold

New Launch Condos with similar psf to Vela Bay

Vela Bay

Vela Bay

Bayshore Walk · D16

Upper East Coast Road · D16

Tampines Street 93 · D18

Joo Chiat Place · D15

All BR

S$ 2,640 avg. psf

1 BR

S$ 2,652 avg. psf

2 BR

S$ 2,576 avg. psf

3 BR

S$ 2,607 avg. psf

4+ BR

S$ 2,732 avg. psf

All BR

S$ 2,590 avg. psf

1 BR

S$ 2,762 avg. psf

2 BR

S$ 2,541 avg. psf

3 BR

S$ 2,480 avg. psf

4+ BR

S$ 2,572 avg. psf

All BR

S$ 2,548 avg. psf

1 BR

-

2 BR

S$ 2,241 avg. psf

3 BR

S$ 2,585 avg. psf

4+ BR

S$ 2,444 avg. psf

All BR

S$ 2,533 avg. psf

1 BR

-

2 BR

-

3 BR

S$ 2,121 avg. psf

4+ BR

-

TOP in 2031

TOP in 2028

Not available (TOP)

TOP in 2027

515 units

115 units

588 units

16 units

99 year leasehold

Freehold

99 year leasehold

Freehold

New Launch Condos with similar TOP to Vela Bay

Vela Bay

Vela Bay

Bayshore Walk · D16

Upper East Coast Road · D16

Joo Chiat Place · D15

Koon Seng Road · D15

All BR

S$ 2,640 avg. psf

1 BR

S$ 2,652 avg. psf

2 BR

S$ 2,576 avg. psf

3 BR

S$ 2,607 avg. psf

4+ BR

S$ 2,732 avg. psf

All BR

S$ 2,590 avg. psf

1 BR

S$ 2,762 avg. psf

2 BR

S$ 2,541 avg. psf

3 BR

S$ 2,480 avg. psf

4+ BR

S$ 2,572 avg. psf

All BR

S$ 2,533 avg. psf

1 BR

-

2 BR

-

3 BR

S$ 2,121 avg. psf

4+ BR

-

All BR

S$ 1,809 avg. psf

1 BR

-

2 BR

-

3 BR

-

4+ BR

-

TOP in 2031

TOP in 2028

TOP in 2027

TOP in 2027

515 units

115 units

16 units

17 units

99 year leasehold

Freehold

Freehold

Freehold

New Launch Condos with similar no. of units to Vela Bay

Vela Bay

Vela Bay

Bayshore Walk · D16

Tampines Street 95 · D18

Tampines Street 93 · D18

Upper East Coast Road · D16

All BR

S$ 2,640 avg. psf

1 BR

S$ 2,652 avg. psf

2 BR

S$ 2,576 avg. psf

3 BR

S$ 2,607 avg. psf

4+ BR

S$ 2,732 avg. psf

All BR

S$ 2,417 avg. psf

1 BR

-

2 BR

-

3 BR

S$ 1,745 avg. psf

4+ BR

S$ 1,850 avg. psf

All BR

S$ 2,548 avg. psf

1 BR

-

2 BR

S$ 2,241 avg. psf

3 BR

S$ 2,585 avg. psf

4+ BR

S$ 2,444 avg. psf

All BR

S$ 2,590 avg. psf

1 BR

S$ 2,762 avg. psf

2 BR

S$ 2,541 avg. psf

3 BR

S$ 2,480 avg. psf

4+ BR

S$ 2,572 avg. psf

TOP in 2031

Not available (TOP)

Not available (TOP)

TOP in 2028

515 units

572 units

588 units

115 units

99 year leasehold

99 year leasehold

99 year leasehold

Freehold

Price data is sourced from 99.co's active listings

See New Launches in District 16

Nearby condo project comparison

Project
Tenure
TOP
MRT Distance
Price range (Sale)
Avg. Price (Sale)
Price range (Rent)
Avg. Price (Rent)
Rental Yield
Vela Bay99 yrs2031
TE 29
Walk Icon2 mins (120m)
Bayshore MRT
2,129.72 - 3,002.83 psf2,640.48 psf---
Bagnall HausFreehold2028
DT 37TE 31
Walk Icon2 mins (109m)
Sungei Bedok MRT
1,554.04 - 3,921.21 psf2,548.02 psf---
Straits at Joo ChiatFreehold2027
EW 7
Walk Icon10 mins (782m)
Eunos MRT
2,020.2 - 2,171.72 psf2,121.21 psf---
Koon Seng HouseFreehold2027
EW 7
Walk Icon11 mins (847m)
Eunos MRT
2,220.39 psf2,220.39 psf---
ClaydenceFreehold2026
EW 7
Walk Icon10 mins (789m)
Eunos MRT
2,400 - 5,076.67 psf2,596.95 psf--2.89%
AtlassiaFreehold2025
EW 7
Walk Icon10 mins (737m)
Eunos MRT
2,138.16 - 2,667.98 psf2,446.51 psf--3.03%
Rivelle Tampines99 yrs-
DT 31
Walk Icon6 mins (419m)
Tampines West MRT
1,604.73 - 1,886.07 psf1,808.66 psf---
Pinery Residences99 yrs-
DT 31
Walk Icon3 mins (226m)
Tampines West MRT
1,007.46 - 3,093.95 psf2,417.38 psf---
Amber HouseFreehold-
TE 25
Walk Icon6 mins (458m)
Tanjong Katong MRT
2,951.76 - 3,188.67 psf3,026.75 psf---

About Vela Bay

Vela Bay: A new landmark of coastal luxury and connectivity in the new Bayshore precinct

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The appeal of Singapore’s East Coast has always been shaped by a distinct blend of elements – the scent of the sea, the steady rhythm of the Park Connector Network (PCN), and a lifestyle that feels removed from the pace of the CBD, despite being just minutes away.

Yet, even within this sought-after stretch, it remains uncommon to find a development that brings together resort-style living and seamless connectivity in equal measure. This is where Vela Bay sets itself apart.

Developed by SingHaiyi Group, a CONQUAS Band 1 developer, Vela Bay is more than just a new launch. It represents a key addition to the transforming Bayshore precinct. Positioned at 1 and 3 Bayshore Walk, this development is set to redefine the standards of luxury coastal living when it launches in April 2026.

The architecture of the horizon

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Taking design cues from the sleek, aerodynamic lines of luxury yachts, the architecture of Vela Bay is a nod to its nautical surroundings. The 515-unit development is strategically oriented to ensure that over 70% of units are sea-facing, allowing the horizon to become part of your everyday living.

Inside the homes, the focus shifts towards refinement and practicality. Layouts range from efficient 1-bedroom units to expansive 5-bedroom residences, giving you flexibility whether you are entering the private market or upgrading for more space.

At the same time, the choice of materials and fittings reinforces the development’s premium positioning. Brands such as Miele, SMEG, Geberit and Newform are integrated throughout, offering a level of quality that is not just visible, but experienced daily. For you, this translates into a home that balances aesthetics with long-term liveability.

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Beyond the private living spaces, the development extends this sense of considered design into its shared facilities. A 50m infinity lap pool forms the centrepiece, offering uninterrupted views that echo the surrounding coastline. This is complemented by two clubhouses, function rooms and co-working spaces, giving you flexibility whether you are hosting, working remotely or simply seeking a change of environment within your own residence.

Wellness and recreation are equally well catered for. A fully equipped gym, outdoor fitness corner and swing garden create spaces for both active and restorative routines, while a dedicated children’s playground ensures that younger residents have room to play and unwind. Altogether, these facilities are designed to support a lifestyle that feels balanced, where work, leisure and family time can coexist within a single, thoughtfully planned environment.

Unrivalled connectivity with a true doorstep advantage

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In modern city living, convenience increasingly shapes the definition of luxury. Space and design still matter, of course, but the true value of a home often lies in how effortlessly it connects you to the wider city. In this respect, Vela Bay occupies an unusually advantageous position at Bayshore.

At its doorstep, Bayshore MRT station on the Thomson–East Coast Line offers direct access to key destinations such as Marina Bay, Orchard Road and the Central Business District. It is also just three MRT stops from the future Changi Terminal 5 station, adding another layer of convenience for frequent travellers while strengthening the development’s long-term connectivity. 

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For those who prefer to drive, both the East Coast Parkway and Pan Island Expressway are only minutes away, placing much of the island within easy reach. Changi Airport sits even closer, making regional travel quick and convenient.

Taken together, this combination of rail and road connectivity gives Vela Bay a level of efficiency that is increasingly hard to come by. Daily commutes become more predictable, and over time, that consistency adds up to a meaningful improvement in how you experience the city.

For families, this sense of convenience extends beyond transport. The development sits within 1km of Temasek Primary School and Temasek Secondary School, with other well-regarded institutions such as Victoria School, Haig Girls’ School, Tao Nan School, and Temasek Junior College located within a short radius. This proximity helps streamline daily routines, while also supporting longer-term planning as your needs evolve.

At the same time, the surrounding area continues to grow as a lifestyle destination. The upcoming SAFRA development, set to be the largest in Singapore, will add another layer of recreational and retail amenities nearby, further enhancing the appeal of the neighbourhood.

Positioned for future growth

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While the lifestyle appeal is clear, Vela Bay’s longer-term value is closely tied to the transformation of the new Bayshore precinct.

Plans for the area outline a new seafront neighbourhood spanning approximately sixty hectares, where thousands of homes will gradually shape a vibrant coastal community. A tree-lined main street is expected to anchor the district with cafés, shops and shared public spaces, while a landscaped pedestrian bridge will connect residents directly to East Coast Park and the shoreline beyond. Over time, these enhancements are set to improve not just convenience, but the overall character and liveability of the neighbourhood.

As the first private residential launch within this evolving precinct, Vela Bay enters at a particularly early stage of this transformation. Rather than moving into a fully mature estate, you are stepping into a location that is still taking shape, with the potential to benefit from its long-term growth as the area develops.

Beyond the immediate precinct, several large-scale plans are set to further enhance the area’s appeal. The Long Island Master Plan, with its focus on coastal protection and land creation, is expected to strengthen the East Coast’s position as a key residential belt. Alongside this, initiatives such as the Kallang Alive Master Plan and the broader Bayshore Precinct Master Plan will introduce new lifestyle, recreational and community spaces across the wider region.

Taken together, these developments point towards a more connected and vibrant coastal corridor. As these plans take shape, they could support sustained demand and, in turn, contribute to value appreciation over time.

For you, this means Vela Bay is not just a home for today, but one that is closely aligned with a broader and evolving growth story.

A seafront lifestyle shaped by everyday moments

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Living by the coast is often seen as a luxury reserved for weekends. At Vela Bay, it becomes part of your daily routine. With East Coast Park just a short walk away, you are naturally connected to one of Singapore’s most established lifestyle destinations. After a long day, a jog along the seafront or a quiet evening cycle becomes an easy way to unwind. Over time, these small routines begin to shape how you experience home, not just as a place to return to, but as an environment that supports both movement and rest.

At the same time, the Park Connector Network (PCN) extends this connectivity even further, linking you to longer cycling routes and green corridors across the island. Whether you prefer an active lifestyle or simply value having open space nearby, the proximity to the coast offers a sense of ease that is increasingly difficult to find in more built-up parts of the city.

Experience the Vela Bay lifestyle

As the Bayshore skyline continues to evolve, Vela Bay presents a timely opportunity for you to be part of this next phase of growth. It is a development that speaks to how you want to live today, with greater emphasis on convenience, quality and long-term comfort.

To explore the development in more detail, visit Vela Bay’s sales gallery along Eunos Avenue 3, which is open daily from 10 am to 8 pm.

FAQs

General FAQs

Who is the developer of Vela Bay?

Vela Bay was developed by SingHaiyi Group & Chuan Capital.

Where is the showflat for Vela Bay located?

Prospective homebuyers can visit Vela Bay’s showflat at 1039 Eunos Ave 3, S409846.

When is the showflat for Vela Bay available?

The showflat for Vela Bay is available for viewing from 11 Apr 2026. Enquire now with 99.co to book a showflat appointment.

What is the address of Vela Bay?

The address of Vela Bay is 1 Bayshore Walk.

What is the tenure for Vela Bay?

The tenure of Vela Bay is 99 Years.

How many units are there in Vela Bay?

Vela Bay has a total of 515 residential units with numerous bedroom configurations to choose from.

How many blocks does Vela Bay have?

Vela Bay has a total of 2 blocks within the development.

What is the postal code of Vela Bay?

The postal code of Vela Bay is 469816.

What is the Vela Bay unit mix?

The unit mix of Vela Bay can be found in the Unit Mix section above.

Where to get floor plans for Vela Bay?

You can find the floor plan layouts and unit configurations of Vela Bay in the Floor Plan section above. 

Where can I find the Vela Bay site plan?

You can view the site plans and elevation charts for Vela Bay in the Site Plan section above.

Located FAQs

Which school is located near to Vela Bay?

Some of the nearest schools from Vela Bay are Alphabet Playhouse @ East Coast, Humanities Hub Education Centre and Rainbow Cove Pre-School @ Upper East Coast, providing families with quality education close to home.

What is the nearest MRT Station to Vela Bay?

Vela Bay is well-served by nearby MRT/LRT stations, such as Bayshore which is close to the development.

Where are the bus stops near Vela Bay?

Several bus stops can be found near Vela Bay, such as The Summit, Opposite The Summit and Calvary Ably Of God Church which is located close to the development.

Investment & Finance FAQs

What is the current Loan-to-Value (LTV) cap for bank-financed private condos?

First-loan buyers can borrow up to 75% of the purchase price/valuation; the remaining 25% is the minimum down-payment.

How much upfront cash/CPF do I need for a S$ 1,200,000 unit?

At a 75% LTV, the down-payment is S$ 300,000 (25%), of which at least S$ 60,000 (5%) must be in cash; the balance can come from CPF OA savings.

What is the Total Debt Servicing Ratio (TDSR) and why does it matter?

Banks will only grant a home loan if your total monthly debt obligations (including the new mortgage) stay within 25% of gross monthly income.

Can I use CPF to pay for the purchase and monthly instalments?

Yes. CPF Ordinary Account savings can be used for (i) part of the 25% down-payment above the mandatory 5% cash, (ii) Buyer/Seller stamp duties, and (iii) monthly mortgage repayments, subject to CPF usage limits that depend on the remaining lease. (No ABSD can be paid via CPF.)

What property-tax rates apply if I rent out my unit?

Non-owner-occupied residential property is taxed on a progressive scale of 12%–36% of Annual Value (AV) from 1 Jan 2026. Owner-occupiers enjoy lower 0%–32% rates.

Property News

Latest New Launch News

About the information on this page

The information on this page contains the latest available details about this development which is a mix of information generated by the 99.co team and facts obtained from official developer sources. This includes, and is not limited to, the official developer brochure, to bring you the most accurate information to help with your choice of condo. 

If any of the information is inaccurate, please contact us and we will amend the details as soon as possible. If you have any queries, compliments, or feedback on how we can learn to serve you better, please also feel free to reach out to us. We’re listening!

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