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Singapore Property News, Insights and Analysis

New launch · Launched Apr 2026

Vela Bay

D16 · Bedok / Upper East Coast · Bayshore Road

A 515-unit condo on Bayshore Road, 31 storeys, expected to complete in 2031. Developed by SingHaiyi Group & Chuan Investments.

Source: Developer brochure; URA caveats, Sep 2026

385 of 515
Units sold
$2,871
Avg $psf so far
484–1,765
Sq ft, 28 layouts
90 m
Bayshore MRT
Vela Bay
02 — Prices

Vela Bay prices

Sales since launch, Apr 2026
385
Units sold
$2,871
Average $psf
$1.25M – $5.83M
Price range
By bedroom type
Sales since launch
TypeSalesAvg $psfPrice rangeSize
1-Bedroom21 sales$2,843 psf$1.25M – $1.54M484 sq ft
2-Bedroom185 sales$2,854 psf$1.5M – $2.18M592–689 sq ft
3-Bedroom133 sales$2,852 psf$2.29M – $3.3M883–1,033 sq ft
4-Bedroom38 sales$2,977 psf$3.23M – $4.31M1,173–1,378 sq ft
5-Bedroom8 sales$3,134 psf$4.77M – $5.83M1,582–1,765 sq ft

Prices by bedroom type are based on matching sales to unit sizes.

Latest five sales
DateSizePrice$psf
2 Sep 20261,378 sq ft · 4-Bedroom$4.11M$2,985 psf
30 Aug 20261,582 sq ft · 5-Bedroom$4.77M$3,011 psf
6 Aug 2026484 sq ft · 1-Bedroom$1.54M$3,173 psf
24 Jul 20261,173 sq ft · 4-Bedroom$3.29M$2,802 psf
21 Jul 2026689 sq ft · 2-Bedroom$2.03M$2,947 psf
Compared with nearby condos

Prices by bedroom type are based on matching sales to unit sizes.

Source: URA caveats, Sep 2026.

03 — Unit mix

Vela Bay floor plans by bedroom type

28 layouts across 515 units, from a 484 sq ft 1-bedroom to a 1,765 sq ft penthouse. Pick a type to see its floor plans.

Source: Developer brochure

04 — Launch progress
75%
Sold
385
Units sold
130
Unsold
Developer sales by month
Apr 2026367 sold367 of 515 total$2,870 psf avg
May 20264 sold371 of 515 total$2,733 psf avg
Jun 20262 sold373 of 515 total$2,992 psf avg
Jul 20269 sold382 of 515 total$2,849 psf avg
Aug 20262 sold384 of 515 total$3,092 psf avg
Sep 20261 sold385 of 515 total$2,985 psf avg

Source: URA caveats, Sep 2026

05 — Layout and stacks

Vela Bay stack plan

1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom 5-Bedroom Penthouse Sold

Tap a unit for its size, price and floor plan.

Block 19 units per floor · levels 1–31
#01#02#03#04#05#06#07#08#09 L31L30L29L28L27L26L25L24L23L22L21L20L19L18L17L16L15L14L13L12L11L10L9L8L7L6L5L4L3L2L1

Based on 385 sales with a recorded unit number.

Source: Developer brochure; URA caveats, Sep 2026

06 — Location

Near Vela Bay

MRT stations
TE Bayshore 90 m
TE Bedok South 1.0 km
TE Siglap 1.3 km
EW Tanah Merah 1.8 km

Walking times are estimates based on OneMap walking routes; stations without one are straight-line distances. Check OneMap for your exact route.

Primary schools
Within 1 km
Temasek Primary SchoolPopular 740 m
Within 2 km
Bedok Green Primary School 1.3 km

Based on straight-line distance only. Check the MOE website for confirmation.

Everyday amenities
Park East Coast Park 250 m · 3 min
Clinic Clinic@Costa 150 m · 2 min
Supermarket Golden Ticket 970 m · 12 min
Hawker centre East Coast Lagoon Food Village 2.0 km · 24 min
Map of the area around Vela Bay, with nearby MRT stations and primary schools
Map data © OpenStreetMap contributors

Source: OneMap walking routes, Sep 2026

07 — Nearby

Condos and supply around Vela Bay

Upcoming supply
Bayshore Road190 m · about 490 units · 1.05 ha Awarded · $14,945 psm GFA · Mar 2025
Bayshore Drive430 m · about 1,658 units · 5.74 ha Awarded · $14,244 psm GFA · Jul 2026
Bedok Rise1.8 km · about 361 units · 2.03 ha Awarded · $14,315 psm GFA · Dec 2025
New Upper Changi Road1.9 km · about 983 units · 3.16 ha Awarded · $16,545 psm GFA · Sep 2026

Source: URA transactions; URA land sales; OneMap distances, Sep 2026

08 — From Stacked

Stacked articles mentioning Vela Bay

29 more articles mention Vela Bay.

Source: Stacked Homes editorial

09 — FAQ

Questions about Vela Bay

What is the tenure of Vela Bay?

99-year lease.

When will Vela Bay be completed?

The expected TOP is 2031.

How many units does Vela Bay have?

515 units in two blocks, Block 1 and Block 3, up to 31 storeys.

What sizes are the 2-bedroom units?

592 to 689 sq ft across nine layouts.

How many units have been sold?

385 of 515 as of Sep 2026, at an average of $2,871 psf, from $1.25M to $5.83M.

What did the latest sale go for?

A 1,378 sq ft unit sold for $4.11M ($2,985 psf) on 2 Sep 2026.

What is the nearest MRT station?

Bayshore (TE), 90 m away. Bedok South (TE) is 1.0 km away.

Which primary schools are within 1 km?

Temasek Primary School, 740 m away.

Who is the developer?

SingHaiyi Group & Chuan Investments.

Answers generated from the data on this page, Sep 2026