Vela Bay as a highly anticipated new launch in Bayshore, highlighting its mixed use nature, accessible to MRT, reputable developers and strong demand indicators.
Vela Bay, where luxury living meets sea front lifestyle convenience in the heart of a new vibrant Bayshore precinct. Developed by SingHaiyi Group, this 99-year leasehold development at Bayshore Road in District 16 offers a rare blend of modern living, excellent connectivity, and strong investment potential.
Accessible to Bayshore MRT station on the Thomson-East Coast Line via its side gate, residents enjoy seamless access across Singapore. Families will appreciate being surrounded by schools like Temasek Primary, Bedok Green Primary, Temasek Secondary, Bedok View Secondary, Bedok South Secondary, and Victoria School.
Offering an estimated 515 exclusive units from 1+Study to 5-Bedroom, this highly anticipated launch is perfect for first-time home buyers, HDB upgraders, and savvy investors seeking both capital appreciation and lifestyle convenience.
Experience the perfect balance of comfort, connectivity, and community all at Vela Bay.
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The Bayshore Road GLS tender attracted eight bids, the highest participation for a private housing site since early 2022. The close margin between the top two bids shows strong developer confidence in the Bayshore precinct. Market leaders note that recent strong new launch sales have increased the urgency for developers to replenish land, contributing to the competitive turnout.
The winning bid by SingHaiyi came in at $658.89 million, translating to a land rate of $1,388 psf ppr. This sets a new benchmark for land prices in the Outside Central Region. The site spans 112,992 square feet with a plot ratio that supports an estimated 515 units, making it a significant addition to the future Bayshore residential cluster.
The wide gap between the highest and lowest bids reflects differing market views, yet the top bid signals strong belief in the long term value of the Bayshore precinct. With the land price setting a new record for the region, future launch prices are expected to reflect this premium. Buyers can anticipate a well positioned development supported by MRT access, transformation plans and strong demand in District 16.
The strong top bid for the Bayshore GLS site shows that developers see long term value in the precinct despite mixed market sentiment. When a developer is willing to pay a record land price for the Outside Central Region, it signals confidence in future demand, supported by MRT connectivity, coastal living and the Bayshore transformation.
For buyers, this means upcoming launches in the area are likely to be priced higher, reflecting the premium land cost. It also reinforces that homes in this precinct carry strong fundamentals, making early entry more attractive before prices adjust further.
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Vela Bay, an exclusive 99-year leasehold condominium at Bayshore Waterfront Estate in District 16, strategically sited beside Bayshore MRT station on the Thomson-East Coast Line. This connectivity opens doors to the entire island, allowing you to reach Changi Airport, Jewel, Marina Bay, and the CBD within minutes. Imagine starting your day with a refreshing jog at East Coast Park, enjoying local delicacies at the Bedok Food Centre, and ending the evening with a seamless ride home that is all without the usual compromises of city living.
Adding to the appeal, Vela Bay is surrounded by some of Singapore’s most reputable schools, including Temasek Primary, Bedok Green Primary, Temasek Secondary, Bedok View Secondary, Bedok South Secondary, and Victoria School. This rare combination of lifestyle convenience, education excellence, and seamless connectivity makes the development a standout choice for families and investors alike.
Vela Bay sited in the Bayshore URA Master Plan Transformation Plan that is located next to East Coast Park with existing public and private housings in the surrounding, the 60-ha precinct will be a new lifestyle waterfront urban village for about 12,500 dwelling units of public and private housing. The future of the Bayshore neighbourhood is equally promising. With the future Bayshore Drive GLS mixed-use development that this new Bayshore Waterfront Estate is set to enjoy rising demand, stronger connectivity and enhanced amenities such as bus interchange, eateries, supermarkets, health care facilities and entertainments.
Opportunities like this are few and far between in the East Coast. Make sure you secure your spot at Vela Bay before this rare offering is fully taken up.
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Bayshore MRT-Station
Vela Bay is an exceptional choice for families who place strong emphasis on education, as the development sits within one of the most desirable school zones in district 16. Young parents often prioritise securing a home near reputable schools, and the location of Vela Bay at Bayshore Road offers a significant advantage with several well regarded primary schools situated within one kilometre of the development.
Families living here enjoy priority admission access to Temasek Primary School being within the 1 kilometre that this school is more than a matter of convenience. It provides a meaningful edge during the Primary One registration process, where proximity plays a crucial role in securing a place in a preferred school. This is a key consideration for many parents planning ahead, and it is one of the reasons why homes in such locations remain highly sought after.
Beyond the 1 kilometre primary education, the development is also close to Bedok Green Primary, Temasek Secondary, Bedok View Secondary, Bedok South Secondary, and Victoria School. This diversity of educational options enhances the long term appeal of the neighbourhood, making it attractive not only to homeowners but also to investors who target family oriented tenant profiles.
For young families, securing a home near reputable schools is often one of the most important decisions in their property journey, and Vela Bay at Bayshore Road places you in a highly sought after educational enclave.
Opportunities like this are rare, especially for a new neighbourhood in Bayshore that offers proximity to top primary schools. For parents who understand the importance of planning early, Vela Bay presents a compelling and forward looking choice.
Register your Vela Bay interest today to receive the latest updates and secure your priority access.
Living within one kilometre of a reputable primary school is one of the biggest advantages a family can secure, and Vela Bay offers exactly that. Being within the one kilometre radius of Temasek Primary School gives families priority during the Primary One registration process, a benefit that often makes a decisive difference in securing a place. This proximity advantage is highly valued by parents planning ahead, which is why homes in such locations consistently remain in strong demand.
Beyond Temasek Primary, Vela Bay is also close to Bedok Green Primary and a wide selection of secondary schools including Temasek Secondary, Bedok View Secondary, Bedok South Secondary and Victoria School. This cluster of established schools enhances the long term appeal of the neighbourhood for both homeowners and investors targeting family oriented tenants.
Opportunities to live within a sought after school zone are rare, especially in a new Bayshore precinct. For families who understand the importance of planning early, Vela Bay offers a meaningful educational advantage that is hard to replicate.
Register your Vela Bay interest today to receive the latest updates and secure your priority access.
Vela Bay offers the rare advantage of being near to a mature town of Bedok where daily living is enhanced by the wide range of amenities located close to the development. A Siglap Community Club, Bedok Food Centre, Bedok mall, and future Integrated Transport Hub development will provide residents with everything they need within minutes from home. This creates a lifestyle of comfort and ease that appeals to families, working professionals, and retirees alike.
The direct access to Bayshore MRT station via its side gate offers residents excellent connectivity plus the future bus interchange at the Bayshore Drive GLS, creating a seamless travel experience across the East and the rest of Singapore. This level of accessibility is a major draw for both homeowners and investors who value long term convenience.
The development also offers a diverse selection of residential layouts. From well-planned one plus study bedroom units to spacious five bedroom homes, Vela Bay caters to couples, growing families, and multi-generational households. The thoughtful design and efficient layouts ensure that every buyer finds a home that suits their lifestyle needs.
Buyers can also take confidence in the strong reputation of SingHaiyi Group. A developer that has been known for its reliable project delivery in the local real estate industry.
Located under the Bayshore Master Plan 2025 that the development ensures long term desirability and strong lifestyle appeal for residents who value convenience and community.
Beyond lifestyle benefits, Vela Bay presents meaningful investment potential. The strategic location within the Bayshore Master Plan 2025 positions the development well for future price growth, especially as newer plots in the Bayshore are expected to launch at higher prices. With Bayshore continuing to evolve as a new sea front estate, demand for quality homes in the area is set to remain strong. This creates a favourable environment for capital appreciation and a solid foundation for future resale value, and strong rental demand from Changi Business Park and the Changi Airport.
Whether you are a first time buyer, an upgrader, or an investor, Vela Bay stands out as a well-rounded and future ready choice that aligns with both lifestyle aspirations and long term property goals.
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SingHaiyi Group Ltd. is a fast-growing, diversified real estate company listed on the Mainboard of the Singapore Exchange (SGX), focused on property development, investment and management services. With strategic support from its major shareholders, it is led by a board and management team that has deep insights and strong connections that enable access to unique and rare investment opportunities.
Over the years, SingHaiyi has built a solid track record in property development in Singapore, with well-designed and quality residential properties such as The Vales and City Suites, both rated “CONQUAS STAR” by the Building and Construction Authority.
The Vales has won three awards at the recent 2018 PropertyGuru Asia Property Awards (Singapore), including the Best Executive Condo Development Award, Best Executive Condo Interior Design Award and Best Executive Condo Architectural Design Award. This is an endorsement of the design and quality of SingHaiyi’s projects.
Apart from an established track record in residential and commercial property development in Singapore and the U.S., it holds a diversified portfolio of income-generative assets in the commercial and retail sectors, with geographical reach into the United States, Australia and a growing presence in Asia.
Backed by the philosophy of “精诚存信, 佳业传承”, SingHaiyi is founded on business excellence and integrity, and endeavours to build a trustworthy and reliable brand for enduring growth and a legacy for generations.
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Read a detailed review of the development that covers layout efficiency, facilities, design strengths and long term value. Gain a clear understanding of how Vela Bay stands out in the East Coast and why it appeals strongly to families and HDB upgraders.
Explore the convenience of living in Bayshore Waterfront Estate in district 16 with easy access to transport, schools, shopping and lifestyle amenities. Discover why this waterfront location is one of the most desirable choices for families and HDB upgraders who value comfort, connectivity and everyday convenience.
Receive the complete set of official floor plans, including all unit types, site plan, and stack charts.
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Vela Bay a new development by SingHaiyi Group Pte Ltd.
Vela Bay is a 99-year leasehold tenure condominium.
Vela Bay address is at 1 and 3 Bayshore Walk.
Vela Bay is in District 16.
Vela Bay is a condominium.
Vela Bay estimated TOP is December 2031.
Vela Bay has an estimated total of 515 residential units.
Vela Bay residents enjoy direct access to Bayshore MRT station on the Circle Line via its side gate.
Vela Bay is conveniently located near Temasek Primary School and Bedok Green Primary School.
The Chinese name of Vela Bay is 首航.
Yes, Vela Bay is the first private residential site launched under the Government Land Sales programme within the Bayshore precinct, and it falls under the Bayshore URA Master Plan 2025.
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