Vela Bay

Availability review · 24 September 2026

Before you shortlist

The SALES+ available-unit export captured on 23 September 2026 contained 129 units. This is a dated source snapshot, not a live reservation or a guarantee that every unit is still available. Prices were missing for 1 units; a complete project starting price cannot be confirmed from that export.

Source category	Units listed	Lowest supplied price
1 bedrooms	6	S$1,466,000
2 bedrooms	11	S$1,695,000
3 bedrooms	42	S$2,314,000
4 bedrooms	50	S$3,192,000 · 1 prices missing
5 bedrooms	20	S$4,543,000

Source: SALES+ export, 23 September 2026. Prices are indicative source values, not an offer; taxes, incentives and final terms require confirmation. Category labels follow the source.

Ask Keith for current units and pricing →

Vela Bay floor plans

Compare the published layout drawings below. Open any plan at full size to inspect the room arrangement. Confirm the exact layout, stack and document revision for your chosen unit; plan availability does not mean a unit is for sale.

Browse 28 floor-plan drawings

1BR + S(A) · Open full-size plan

2BR (A) · Open full-size plan

2BR (A) PES · Open full-size plan

2BR (B) · Open full-size plan

2BR (C) · Open full-size plan

2BR P(A) · Open full-size plan

2BR P(B) · Open full-size plan

2BR P(C) · Open full-size plan

2BR P(C) PES · Open full-size plan

2BR P(D) · Open full-size plan

3BR (A) · Open full-size plan

3BR (B) · Open full-size plan

3BR (B) PES · Open full-size plan

3BR (C) · Open full-size plan

3BR (C) PES · Open full-size plan

3BR P(A) · Open full-size plan

3BR P(A) PES · Open full-size plan

3BR P(B) · Open full-size plan

3BR P(C) · Open full-size plan

3BR P(C) PES · Open full-size plan

4BR (A) · Open full-size plan

4BR (A) PES · Open full-size plan

4BR (B) · Open full-size plan

4BR (B) PES · Open full-size plan

4BR PL · Open full-size plan

5BR PL · Open full-size plan

PH 1 · Open full-size plan

PH 2 · Open full-size plan

Ask Keith to compare these layouts

10 Reasons to Buy

Why Vela Bay is a Rare Buy

01
First Mover Advantage
Only 515 units in the entire Bayshore Enclave right now. Future GLS sites will be further from the MRT and may or may not have sea views. Enter at launch price before the precinct is built out.

02
Doorstep to Bayshore MRT
TE29 Thomson-East Coast Line is literally at your lobby. Raffles Place in 9 stops. Gardens by the Bay in 7. Marine Parade in 3. Changi Airport in 5. No transfers for most destinations.

03
70% Sea-Facing Units
Unobstructed views over East Coast Park and the South China Sea for 7 in 10 units. Sea views in the East command a proven premium, Seaside Residences outperformed non-seaview projects over 10 years.

04
60-Hectare Precinct Transformation
The new Bayshore Precinct will house ~10,000 homes, a 3-hectare Central Park, the largest Safra clubhouse opening 2030, an Integrated Transport Hub with 22,500 sqm commercial space, and health and medical facilities.

05
7,000 HDB Upgrader Pipeline
Bayshore Palms and Bayshore Vista BTO launches will produce thousands of future upgraders who will naturally look to Vela Bay as their next step, sustaining resale demand for years ahead.

06
Land Cost Below Comparable Projects
At $1,388 psf ppr, Vela Bay's land rate is lower than the Tanjong Rhu GLS ($1,455 psf ppr) and many CCR launches. Buyers get more headroom for future appreciation compared to higher-cost sites launching nearby.

07
Temasek Cluster Schools Within 1km
Temasek Primary is within 1km, qualifying residents for the Phase 2B school ballot advantage. Temasek Secondary, Temasek Junior College, and Bedok Green Primary are also in the 2km radius.

08
Reputable SingHaiyi Developer
SingHaiyi Group is behind Grand Dunman, Parc Clematis, Kopar at Newton, Sora, One Sophia, and Park Colonial, a track record of well-delivered, quality projects at multiple price points across Singapore.

09
East Coast Park at Your Doorstep
A 400m walk through the existing underpass or via the planned overhead bridge connects residents to East Coast Park, Singapore's most popular recreational coastal stretch. Park Connector links included.

10
Sell High, Buy Harmonised
Resale quantums for older nearby projects like Costa Del Sol and Seaside Residences are now $2,100, $2,500 psf. By buying into Vela Bay at launch, you swap an ageing unit for a brand new 99-year lease at potentially better value in psf terms.

Thomson-East Coast Line

Everything is Close

Bayshore MRT (TE29) is at the lobby. Vela Bay sits between the airport and the city on the TEL, with a future TEL extension connecting through Changi Terminal 5 by mid-2030s.

, Here

Bayshore MRT (TE29)

Thomson-East Coast Line · Doorstep

3stops

Marine Parade MRT

Thomson-East Coast Line

5stops

Changi Airport MRT

East-West Line (interchange via Tanah Merah)

7stops

Gardens by the Bay MRT

Thomson-East Coast Line

9stops

Bayfront MRT

Downtown Line & Circle Line

9stops

Raffles Place MRT

East-West Line

A new vehicular flyover connecting Bayshore to the ECP is expected to be fully complete by 2030, further improving road connectivity.

Bayshore Precinct

Right in the Middle of Transformation

🏙️

60-Hectare New Town

~10,000 homes (7,000 HDB, 3,000 private). A brand new waterfront urban village, car-lite, park-rich, with Transit Priority Corridor along Bayshore Drive.

🌳

3-Hectare Central Park + Linear Park

A "living in a park" environment. New central park surrounded by housing, plus a linear park running the full edge of the estate connecting to East Coast Park.

🏥

Future Health & Medical Hub

Dedicated health and medical land use earmarked within the precinct. Future educational institution also planned on adjacent land parcels.

🏋️

Largest Safra Opens 2030

Safra Bayshore will be the largest Safra clubhouse in Singapore at 30,000 sqm, located next to the new Bedok South MRT station.

🚌

Integrated Transport Hub

Bedok South Integrated Transport Hub (ITH) planned for Mar 2026 GLS launch. 22,500 sqm commercial space and 1,280 private residential units, a future lifestyle node 2 stops from Vela Bay.

The Investment Case

Punggol grew +99% in PSF over 25 years as its town was built out.

Bayshore is following the same township development arc, but with a waterfront setting, a new TEL MRT line, and proximity to the existing East Coast Park lifestyle belt. Vela Bay buyers get in at ground floor of this transformation.

60ha

Precinct Size

10,000

Planned Homes

2030

Safra & ITH Open

Market Data

Sea Views Drive Returns in the East

Over 10 years (2016 to 2025), Seaside Residences, the closest comparable East Coast seaview project, outperformed Bedok Residences (an integrated development) in PSF growth: +35.85% vs +33.57%. With 70% of Vela Bay's units sea-facing, the project is positioned strongly for long-term performance.

Seaside Residences (Seaview · Siglap)

+35.85%

PSF growth 2016 to 2025 · Transacting ~$2,500 psf avg

Costa Del Sol (Nearby · Bayshore Road)

~$2,100

PSF resale today · 70 years lease remaining · Harmonised equivalent ~$3,148 psf

Compare the dated unit-price snapshot with suitable resale alternatives. A lower price per square foot alone does not establish better value; layout, tenure, size and completion timing also matter.

Developer Track Record

Built by SingHaiyi Group

Vela Bay is developed by SingHaiyi-Garnet Pte Ltd, a joint venture between SingHaiyi Group and Chuan Investments. SingHaiyi has delivered some of Singapore's best-performing launches of the past decade.

Grand Dunman

Dunman Road · 1,008 units

Parc Clematis

Clementi · 1,468 units

Kopar at Newton

Newton · 378 units

Sora

Jurong Lake District

One Sophia

Sophia Road · Mixed Use

Park Colonial

Woodleigh · 805 units

Common Questions

Frequently Asked

The Bayshore precinct was previously occupied by military land and other state uses. The land was released by the government as part of the new 60-hectare Bayshore housing estate masterplan only in recent years. The GLS site that became Vela Bay was awarded to SingHaiyi-Garnet in March 2025, making this the very first private new launch in the Bayshore Enclave since Costa Del Sol launched in the year 2000.

ABSD applies as per prevailing Singapore government regulations. Singapore Citizens pay 0% ABSD on their first residential property. Singapore Permanent Residents pay 5% on their first residential property. Foreigners currently pay 60% ABSD. All rates are subject to change. Contact Keith Tan for a full financial eligibility review before making any purchase decisions.

No. For new launch condominiums in Singapore, the buyer's agent commission is paid entirely by the developer, not by you. You pay the exact same direct developer price whether you engage Keith or walk in alone. Working with Keith gives you experienced unit selection advice, full stack analysis, access to the latest pricing and availability, and complete transaction support at zero additional cost to you.

Before you shortlist

Vela Bay floor plans

Units and floor plans

Why Vela Bay is a Rare Buy

Everything is Close

Right in the Middle of Transformation

Punggol grew +99% in PSF over 25 years as its town was built out.

Sea Views Drive Returns in the East

Availability and pricing

Built by SingHaiyi Group

Frequently Asked

Check the latest units with Keith