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Pre-launch: Vela Bay

Thoughtfully Crafted Homes Designed for Quality Living and Modern Family Comfort.

*The information is subject to change and photos/images used are for illustration purposes only.

Prime Bayshore Connectivity & Convenience

Project / Location Name

VELA BAY

Region

Outside Central Region (OCR)

District

D16 - Bedok / Upper East Coast

Cluster

East

Planning Area

Bedok

Subzone

BAYSHORE

Property Type

Condo

Site Area

105,486 Sqft

GFA

443,042 Sqft

Plot Ratio

4.2

Tenure

99 Years

Total Units

515

Type of Land Sales

GLS

Land Use

RESIDENTIAL

Land Bid Price

$658,000,000

Highest Bid (m)

$658,000,000

Highest Bid (psf)

$1,388

Number of Bids

8

Land Awarded Date

2025-03-18

Est. Breakeven PSF

$2,343

Developers

SingHaiyi-Garnet

Source: URA

*The information is subject to change and photos/images used are for illustration purposes only.

Introducing Vela Bay: Coastal Living in D16

This new residential development along Bayshore Road is part of the evolving Bayshore area, becoming a new waterfront living space. It is located next to the upcoming Bayshore MRT station on the Thomson-East Coast Line (TEL), offering convenient public transport connections to the city centre, Marina Bay, and Changi Airport when the full line is open.

Located at the entrance to the new Bayshore residential area, this development helps shape the neighborhood's identity as a lively, diverse community. The broader Bayshore plan includes approximately 10,000 residences, both public and private, integrated with community facilities, parks, cycling routes, and recreational options. This location will feature the first private residences in the area, establishing the approach for its urban design.

The area is surrounded by natural spaces like East Coast Park, Bedok Jetty, and Bayshore Park, providing a coastal living experience close to home. Direct walking paths are planned between the MRT station, residences, and park spaces, supporting a car-lite, sustainable way of life through a network for walking and cycling.

Nearby schools, including Temasek Primary School, Victoria School, and Temasek Junior College, make the area suitable for families. Shopping and dining options at Bedok Mall, Siglap Centre, and the Marine Parade district provide everyday conveniences within easy reach.

This Bayshore location combines coastal appeal, easy transport access, and thoughtful urban planning. It offers a fresh approach to city-fringe waterfront living, providing residents a peaceful yet connected address that balances nature, daily life, and transport.

*The information is subject to change and photos/images used are for illustration purposes only.

Location Information

Steps from Bayshore MRT (0.14km), with Eccellente by HAO mart (0.56km) and East Coast Lagoon Food Village (0.97km) nearby. Enjoy East Coast Park Area F (0.70km). Education includes Rosemount International School (2.21km) and SUTD (3.96km).

Trains (MRT & LRT)

  • TE29 Bayshore

    MRT

    140 m

  • TE30 Bedok South

    MRT

    970 m

  • TE28 Siglap

    MRT

    1340 m
Bus Stops

  • Opp The Summit

    Upp East Coast Rd

    360 m

  • The Summit

    Upp East Coast Rd

    370 m

  • Calvary Ably Of God Ch

    Upp East Coast Rd

    400 m
Primary Schools

  • Temasek Primary School

    501 Bedok South Avenue 3

    740 m

  • Bedok Green Primary School

    1 Bedok South Avenue 2

    1420 m

  • Opera Estate Primary School

    48 Fidelio Street

    2180 m
Secondary Schools

  • Temasek Secondary School

    600 Upper East Coast Road

    770 m

  • Bedok View Secondary School

    6 Bedok South Avenue 3

    1380 m

  • Victoria School

    2 Siglap Link

    1590 m
International Schools

  • Rosemount International School

    25 Ettrick Terrace Singapore 458588

    2210 m

  • Nps International School

    10 Chai Chee Lane Singapore 469021

    3180 m

  • Middleton International School (tampines Campus)

    2 Tampines Street 92, Singapore 528889

    3420 m
Supermarkets

  • Eccellente By Hao Mart

    East

    560 m

  • Hao Mart

    East

    850 m

  • Bedok Mall

    East

    1990 m
Healthcare

  • Clinic@costa

    Bayshore Road

    210 m

  • Econ Medicare Centre

    Upper East Coast Road

    300 m

  • Dental Clinic

    Bedok South Avenue 3

    760 m

Source: URA

*The information is subject to change and photos/images used are for illustration purposes only.

Nearby Property Transactions (Past 1 Year)

Recent transactions across 60 comparable properties show sales from $680,000 to $5,025,000, averaging $1,785,635. Price per square foot ranged from $916 to $2769. Monthly rentals were between $2,150 and $12,500.

$690,000 $916 PSF $1,791,230 $1,670 PSF $5,025,000 $2,769 PSF
Lowest Sale Average Highest Sale
Distance Project Name Tenure Top Total Units Bedroom Size Range Sales Range Sales Volume
283m COSTA DEL SOL 99 Years 2004 906 2, 3, 4, Penthouse 947 - 2,056 sqft S$1,680,000 - S$3,290,000
S$1,482 - S$2,170 PSF 		34
356m EAST COAST RESIDENCES Freehold 2010 59 1, 2, 3 936 - 1,453 sqft S$1,650,000 - S$2,200,000
S$1,514 - S$1,788 PSF 		3
377m THE BAYSHORE 99 Years 1999 1038 1, 2, 3, 4 926 - 1,432 sqft S$1,170,000 - S$2,150,000
S$1,235 - S$1,520 PSF 		36
377m UBER 388 Freehold 2015 95 1, 2, 3, 4, Penthouse 840 - 1,518 sqft S$1,582,000 - S$2,810,000
S$1,616 - S$1,884 PSF 		4
378m SEA PAVILION RESIDENCES Freehold 2023 24 1, 2, 3, Penthouse 441 - 441 sqft S$960,000 - S$960,000
S$2,175 - S$2,175 PSF 		1

Source: URA

*The information is subject to change and photos/images used are for illustration purposes only.

Nearby Rentals Within 0.4Km (Past 1 Year)

Explore the vibrant rental market surrounding VELA BAY. Nearby properties recorded monthly rentals from $2,750 to $11,711, with rates ranging from $2.76 to $8.36 PSF, reflecting strong demand.

Distance Project Name Tenure Top Total Units Bedroom Size Range Rental Range Rental Yield Rental Volume
283m COSTA DEL SOL 99 Years 2004 906 2, 3, 4, Penthouse 947 - 2,056 sqft S$3,800 - S$8,500
S$4 - S$5 PSF 		2.01% - 4.43%
Avg Yield: 3.22% 		132
356m EAST COAST RESIDENCES Freehold 2010 59 1, 2, 3 936 - 1,453 sqft S$2,750 - S$4,600
S$4 - S$8 PSF 		1.50% - 3.08%
Avg Yield: 2.29% 		9
377m THE BAYSHORE 99 Years 1999 1038 1, 2, 3, 4 926 - 1,432 sqft S$2,900 - S$11,711
S$3 - S$6 PSF 		1.73% - 5.50%
Avg Yield: 3.62% 		168
377m UBER 388 Freehold 2015 95 1, 2, 3, 4, Penthouse 840 - 1,518 sqft S$2,800 - S$6,600
S$3 - S$6 PSF 		2.68% - 3.72%
Avg Yield: 3.20% 		24
378m SEA PAVILION RESIDENCES Freehold 2023 24 1, 2, 3, Penthouse 441 - 441 sqft S$2,800 - S$4,300
S$4 - S$7 PSF 		3.50% - 3.88%
Avg Yield: 3.69% 		10

Source: URA

*The information is subject to change and photos/images used are for illustration purposes only.

Vela Bay Project Details & Faqs

The district is D16 - Bedok / Upper East Coast for Vela Bay

This property type is a Non-Landed for Vela Bay

The plot ratio for Vela Bay is 4.2

The gross floor area for Vela Bay is 443,042 sqm

The land size for Vela Bay is 105,486 sqft

The subtown for Vela Bay is BAYSHORE

The tenure of Vela Bay is 99 Years

The region of Vela Bay is OCR

There are 1 blocks in Vela Bay development.

Rosemount International School, Nps International School, Middleton International School (Tampines Campus), 5 Steps Academy, Gig International School international schools are near to Vela Bay

Temasek Junior College, Victoria Junior College, Ite College East, Singapore University Of Technology And Design, Temasek Polytechnic Tertiary & Universities are near to Vela Bay

Temasek Secondary School, Bedok View Secondary School, Victoria School, Bedok South Secondary School, Anglican High School secondary school(s) is/are near to Vela Bay

Temasek Primary School, Bedok Green Primary School, Opera Estate Primary School, Fengshan Primary School, Red Swastika School primary school(s) is/are near to Vela Bay

Bus number(s) 10, 10e, 13, 14, 14A, 14e, 43, 48, 55, 137, 853M is/are near to Vela Bay

Thomson East Coast Line, East West Line MRTS are near to Vela Bay

Eccellente By Hao Mart, Hao Mart, Bedok Mall, Djitsun Mall Bedok shopping center(s) is/are near to Vela Bay

East Coast Lagoon Food Village, Bedok South Road Blk 16, New Upper Changi Road Blk 58, Bedok Food Centre, New Upper Changi Road Blk 208b hawker center(s) is/are near to Vela Bay

Alphabet Playhouse @ East Coast Pte Ltd, Holy Grace Kindergarten, Rainbow Cove Educational Services Pte. Ltd., Singapore Hokkien Huay Kuan Pre-school, Smartz Playhouse Pte. Ltd. childcare is/are near to Vela Bay

Clinic@costa, Econ Medicare Centre, Dental Clinic, Dental Clinic, Alda Dental Surgery(Bedok) are near to Vela Bay

Siglap Cc (U/c), Siglap Cc, Passion Wave @ East Coast (Sea Sports Club), Siglap South Cc, Bedok Cc community centers are near to Vela Bay

*The information is subject to change and photos/images used are for illustration purposes only.

Vela Bay

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Connect for Project Information

Discover more about VELA BAY, a well-positioned project. It is near Bayshore MRT (0.14km), East Coast Park (0.70km), and Eccellente by HAO mart (0.56km). Reach out for floor plans, site details, and the latest project updates. Our team is ready to assist you.

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