Vela bay

S$ 1,344,000

Starting From

Bed

1

Bed

Bath

1

Bath

sqft (floor)

1,000

sqft (floor)

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S$ 1,344

psf (floor)


310 m (4 mins) from TE29 Bayshore MRT


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Photos

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Map View

Property details

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Condominium for sale
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Unfurnished
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TOP in 2030
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99-year lease
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Listed on 24 Feb 2026
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Listing ID - 500062031

About this property

Vela Bay – Bayshore’s Most Anticipated New Launch (Q2 2026)

Introducing Vela Bay, a landmark waterfront residence set to redefine coastal living in the rapidly transforming Bayshore precinct.

Developed by SingHaiyi Group, this 99-year leasehold development comprises 515 exclusive residential units and is poised to become the tallest residential building in Bayshore — offering panoramic sea and city-facing views.

Expected TOP: Approx. 2030

Prime Location – Direct MRT Access
Vela Bay enjoys direct adjacency to the upcoming Bayshore MRT Station (Thomson–East Coast Line), providing seamless connectivity to key destinations including:
Marina Bay
Orchard Road
Raffles Place
No last-mile commute. Just direct city access from your doorstep.
Residents will also enjoy proximity to the coastal lifestyle of East Coast Park — cycling paths, beaches, dining spots and open greenery just minutes away.

Project Overview
Site Area: Approx. 112,992 sqft (10,497 sqm)
One of the largest new launch sites in the East Coast / Bayshore precinct in recent years
515 residential units
2 penthouses
Every floor: 9 exclusive units
Selected 4BR & 5BR units come with private lift access

(All information subject to BCA approval.)

Pricing Insights (Indicative)
Land Cost: $1,388 psf ppr
Estimated Break Even: $2,520 – $2,550 psf
Indicative Launch Pricing:
$2,700 – $3,100 psf (depending on level, stack, view & configuration)

Estimated Quantum Guide:
1BR: ~$1.3M – $1.5M
2BR: ~$1.6M – $2.2M
3BR: ~$2.3M – $3.0M+
4BR+: From ~$3.2M

Why Bayshore, Why Now?
60-ha waterfront transformation with 10,000 new homes brings future amenities, stronger rental demand & capital upside. First movers benefit most. Rare MRT + sea views combo. Prime first launch with scale, connectivity & long-term growth potential.

Contact me today for showflat appointment!

Eunice Goh 8*****
Amenities
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Air conditioner

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Balcony

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Covered car parking

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Original condition

Common facilities
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24 hours security

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Basement car park

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Bbq pavillion

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Bicycle parking

Affordability

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FAQs
The sale price of this unit at Vela bay is S$ 1,344,000.
Current PSF at Vela bay is about S$ 1,344.00 psf.
The estimated loan repayment is S$ 3,941 / mo.
Vela bay is located at Bedok / Upper East Coast East Coast (D15-16).
Floor size of this unit at Vela bay is 1,000 sqft.
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