Project Overview
Vela Bay is a 99-year leasehold condominium by SingHaiyi Group and Chuan Investments at Bayshore Road, District 16. Comprising 515 units, it is located in the Bayshore area near East Coast Park and the upcoming Bayshore MRT on the Thomson-East Coast Line.
Jet's ALPHA Framework
AAccess
Vela Bay at Bayshore Road in D16 is expected to be near the upcoming Bayshore MRT on the Thomson-East Coast Line. East Coast Park is nearby, and the development will bring residential living to a precinct gaining MRT access for the first time.
LLayout
Vela Bay is a 515-unit development by SingHaiyi and Chuan Investments, designed to serve as the first major residential project in the Bayshore TEL precinct. The development's scale provides comprehensive facilities and community amenities.
PPremium
Vela Bay offers first-mover positioning in the Bayshore precinct, where the TEL is bringing MRT connectivity to the East Coast corridor for the first time. The development provides an early entry into a precinct poised for significant transformation.
HHorizon
The TEL's Bayshore station will transform the East Coast corridor's accessibility, while the broader East Coast belt continues to attract lifestyle-oriented buyers and tenants. The precinct's development represents a new chapter for eastern Singapore.
AAsymmetry
Vela Bay's first-mover position in the Bayshore TEL precinct offers the opportunity to enter a transforming East Coast neighbourhood at its earliest stage. The TEL's arrival will fundamentally upgrade connectivity in a corridor historically served only by roads and buses.
Verdict
First residential project in the Bayshore TEL precinct, bringing MRT connectivity to the East Coast corridor for the first time.
Investment Analysis
Unit Mix & Pricing
8
1 Bedroom + Study left
6
2 Bedroom left
10
2 Bedroom Premium left
10
3 Bedroom left
35
3 Bedroom Premium left
50
4 Bedroom left
20
5 Bedroom left
73%
Sold
Sold
376 / 515 Sold
(139 Available)
| Unit Type | Est. Size (sqft) | Availability | Starting Price |
|---|---|---|---|
| 1 Bedroom + Study – 1BR + SA | 484 | 8 units | $1.47M |
| 2 Bedroom – 2BR A | 592 | Sold Out | Enquire |
| 2 Bedroom – 2BR A PES | 592 | Sold Out | Enquire |
| 2 Bedroom – 2BR B | 592 | 6 units | $1.68M |
| 2 Bedroom – 2BR C | 592 | Sold Out | Enquire |
| 2 Bedroom Premium – 2BR PA | 689 | Sold Out | Enquire |
| 2 Bedroom Premium – 2BR PB | 689 | 10 units | $1.89M |
| 2 Bedroom Premium – 2BR PC | 678 | Sold Out | Enquire |
| 2 Bedroom Premium – 2BR PC PES | 678 | Sold Out | Enquire |
| 2 Bedroom Premium – 2BR PD | 678 | Sold Out | Enquire |
| 3 Bedroom – 3BR A | 883 | 8 units | $2.58M |
| 3 Bedroom – 3BR B | 893 | Sold Out | Enquire |
| 3 Bedroom – 3BR B PES | 893 | 1 units | $2.31M |
| 3 Bedroom – 3BR C | 883 | Sold Out | Enquire |
| 3 Bedroom – 3BR C PES | 883 | 1 units | $2.43M |
| 3 Bedroom Premium – 3BR PA | 1033 | 28 units | $2.84M |
| 3 Bedroom Premium – 3BR PA PES | 1033 | Sold Out | Enquire |
| 3 Bedroom Premium – 3BR PB | 1033 | 1 units | $2.96M |
| 3 Bedroom Premium – 3BR PC | 1033 | 5 units | $2.84M |
| 3 Bedroom Premium – 3BR PC PES | 1033 | 1 units | $2.83M |
| 4 Bedroom – 4BR A | 1173 | 7 units | $3.20M |
| 4 Bedroom – 4BR A PES | 1173 | 1 units | $3.19M |
| 4 Bedroom – 4BR B | 1173 | 25 units | $3.21M |
| 4 Bedroom – 4BR B PES | 1173 | 1 units | $3.20M |
| 4 Bedroom – 4BR PL | 1378 | 16 units | $3.84M |
| 5 Bedroom – 5BR PL | 1582 | 20 units | $4.54M |
* Sizes and availability are estimates.
Financial Tools & Calculators
Floor Plans
Location
TEMASEK PRIMARY SCHOOL0.78km
BEDOK GREEN PRIMARY SCHOOL1.29km
Hawker Centres
5 nearbyEast Coast Lagoon Food Village
1.23kmBedok South Market
1.31kmFengshan Market & Food Centre
1.73kmBedok Blk 16 Market
1.75kmBedok Interchange Hawker Centre
1.83kmMRT Stations
4 nearby0.33kmBayshore StationTE29
1.76kmTanah Merah StationEW4CG
1.78kmBedok StationEW5
1.91kmSiglap StationTE28
Shopping Malls
2 nearbyBedok Point
1.71kmBedok Mall
1.80kmNearby New Launches
Other new developments within 2km of Vela Bay
Frequently Asked Questions
Where is Vela Bay located?
Vela Bay is located at 31 Bayshore Road in D16, Singapore. Bayshore Road in District 16 is near the upcoming Bayshore MRT on the TEL, bringing rail connectivity to the East Coast corridor for the first time.
What is the nearest MRT station to Vela Bay?
The nearest MRT station to Vela Bay is Bayshore MRT (upcoming) on the Thomson-East Coast Line, expected near the station. The Thomson-East Coast Line provides direct connectivity to key destinations across Singapore including the CBD, Orchard, and major employment hubs.
Who is the developer of Vela Bay?
Vela Bay is developed by SingHaiyi Group & Chuan Investments, a Singapore-listed developer with a growing residential portfolio, bringing competitive pricing and practical designs.
Is Vela Bay freehold or leasehold?
Vela Bay is a 99-year leasehold development, the standard tenure for new condominiums built on Government Land Sale sites in Singapore. A fresh 99-year lease provides a full runway of long-term value for homeowners and investors.
What types of units are available at Vela Bay?
Vela Bay offers 1-bedroom to 5-bedroom configurations across 515 residential units, designed to cater to different household sizes and lifestyle needs. Prospective buyers are encouraged to view the showflat and floor plans for the full range of available layouts.
What amenities and facilities are near Vela Bay?
Residents of Vela Bay enjoy convenient access to nearby amenities. Nearby highlights include East Coast Park. With Bayshore MRT (upcoming) nearby, residents can easily reach destinations across Singapore. The development also features its own condominium facilities for recreation and wellness.
Can I use CPF for Vela Bay?
Yes, CPF Ordinary Account (OA) funds can be used for the downpayment and monthly mortgage of Vela Bay, subject to CPF withdrawal limits and valuation rules.
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