Vela Bay

NOW SELLING

75% sold

  1. VVIP open
  2. Showflat
  3. Selling
  4. Fully sold

District 16 - 1 Bayshore Walk - Condo

515 homes•99 years•TOP 2031
Bayshore MRT

Explore Vela Bay, a new 515-unit condo in District 16. See the latest prices, available units for sale, floor plans, launch date, photos, location & nearby MRT/LRT.

Project Details

Guide price

From S$ 1.55M

Indicative psf

From 3,208 psf – From 3,249 psf

Tenure

99 years

Total units

515 homes

Expected TOP

TOP 2031

Nearest MRT

Bayshore MRT

View unit mix
Vela Bay development

About The Project & Developer

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 & Chuan Capital

Unit Types

Vela Bay has a total of 515 units, from 1 Bed - 1 Bath to 5 Beds - 4 Bath units. There are 28 types of floor plan from 484 sqft to 1,765 sqft

From S$ 1.55M

Sitemap details

Vela Bay Pricing Insight

Recent sales for Vela Bay
Date soldBlockUnitBedsPSFArea (sqft)Price sold
09/202603#14-xx2 BRS$ 2,836882S$ 2.501M
09/202603#25-xx2 BRS$ 2,984689S$ 2.056M
09/202603#16-xx4 BRS$ 2,9851,378S$ 4.113M
08/202601#15-xx5 BRS$ 3,0101,583S$ 4.765M
08/202601#29-xx1 BRS$ 3,176484S$ 1.537M
07/202601#0x-xx4 BRS$ 2,8021,173S$ 3.287M
07/202603#2x-xx2 BRS$ 2,946689S$ 2.030M
07/202603#0x-xx3 BRS$ 2,750883S$ 2.428M

Progressive Timeline

Calculated from From S$ 1.55M.

Loan amount

$1,162,500

Initial payment

$124,000

Breakdown details

Option to purchase 5%$77,500
Sale and purchase 15%$232,500
BSD$46,500

Subsequent payment timeline

  1. Day 0

    Booking Fee (Option)

    5%

    $77,500

  2. Week 2–3

    Sales & Purchase Signed

    15%

    $232,500

  3. ~6 months

    Foundation Completed

    10%

    $155,000

  4. ~12 months

    Reinforced Concrete Works

    10%

    $155,000

  5. ~18 months

    Brick Walls / Partition

    5%

    $77,500

  6. ~24 months

    Roof / Wiring & Plaster

    5%

    $77,500

  7. ~30 months

    Carparks, Roads & Drainage

    5%

    $77,500

  8. ~36 months

    TOP / Key Collection

    25%

    $387,500

  9. ~48 months

    CSC / Legal Completion

    15%

    $232,500

FAQs

What is the full address of Vela Bay?

The full address of the development is 3 Bayshore Walk, 469876, Bedok (District 16).

When will the showflat for Vela Bay be available?

The showflat will be available for public viewing from 11 Apr 2026. Enquire with iProperty to book a showflat appointment.

What is the current price range and average PSF for Vela Bay?

Unit prices at Vela Bay currently range from S$ 1,400,000 to S$ 5,735,000, depending on unit type, size, layout, and floor level. Average PSF is S$ 2,871.05 psf based on transactions in the past six months.

Are there any promotions or discounts?

Promotions or price discounts may be available from time to time. Enquire with iProperty to receive the latest pricing and available offers.

When is the expected completion for Vela Bay?

Vela Bay is expected to obtain its Temporary Occupation Permit (TOP) in 2031, which marks the estimated completion and key collection period. This timeline is subject to change by the developer.