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Pre-launch: Vela Bay

Meticulously Crafted Homes, where Efficient Design Meets Serene Comfort for Modern Family Living.

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

Vela Bay: Connected East Coast Living

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: Your New Home in Bayshore

VELA BAY is located in a developing coastal area along Bayshore Road, part of a plan to transform the Bayshore precinct into a new waterfront residential community. Positioned directly beside the upcoming Bayshore MRT station on the Thomson-East Coast Line (TEL), it offers residents excellent public transport connectivity with direct links to the city centre, Marina Bay, and Changi Airport once the full TEL line is operational.

Located at the entrance of the new Bayshore housing precinct, this development contributes to the area's identity as a vibrant, diverse neighborhood. The broader Bayshore plan includes approximately 10,000 new homes, combining public and private housing, integrated with community facilities, parks, cycling paths, and lifestyle amenities. VELA BAY is planned as the first private residential development, helping to shape the neighborhood's urban character and design quality.

The area is surrounded by natural spaces like East Coast Park, Bedok Jetty, and Bayshore Park, offering residents a coastal living experience within minutes. Planned direct pedestrian connections between the MRT station, residential buildings, and park spaces encourage a car-lite, sustainable lifestyle, supported by a comprehensive active mobility network.

Surrounding educational institutions, including Temasek Primary School, Victoria School, and Temasek Junior College, contribute to the area's appeal for families. Nearby lifestyle options at Bedok Mall, Siglap Centre, and the Marine Parade district ensure daily conveniences are readily available.

Combining coastal charm, public transport accessibility, and thoughtful urban planning, the Bayshore area is set to redefine city-fringe waterfront living. It offers residents a tranquil yet well-connected address that harmonizes nature, daily life, and transport links.

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

Connected Living: Your Neighborhood

Strategically located 0.14km from Bayshore MRT and 0.36km from OPP THE SUMMIT bus stop. Proximity to Temasek Primary (0.74km), Temasek Secondary (0.77km), and Temasek JC (1.02km). Daily needs met by HAO mart (0.56km) and East Coast Lagoon Food Village (0.97km). East Coast Park Area F is 0.70km away.

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)

The VELA BAY area demonstrates vibrant market movement. Recent transactions for 62 comparable properties range from $690,000 to $5,025,000, averaging $1,792,549. PSF figures span $916-$2769, with strong rental activity also observed.

$690,000 $916 PSF $1,792,549 $1,676 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 		37
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 		32
377m UBER 388 Freehold 2015 95 1, 2, 3, 4, Penthouse 840 - 990 sqft S$1,582,000 - S$1,700,898
S$1,616 - S$1,884 PSF 		3
386m THE CALYPSO Freehold 2005 30 2, 3 764 - 764 sqft S$1,385,000 - S$1,385,000
S$1,812 - S$1,812 PSF 		1

Source: URA

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

Nearby Rental Market Activity

The surrounding area shows robust rental activity, with monthly rates observed from $2,000 to $12,500. This reflects a dynamic local market, supported by strong public transport connectivity and neighborhood amenities.

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$3,700 - S$8,500
S$4 - S$5 PSF 		2.01% - 4.43%
Avg Yield: 3.22% 		142
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$7 PSF 		2.11% - 6.00%
Avg Yield: 4.06% 		191
377m UBER 388 Freehold 2015 95 1, 2, 3, 4, Penthouse 840 - 990 sqft S$2,800 - S$6,600
S$3 - S$6 PSF 		2.68% - 3.72%
Avg Yield: 3.20% 		25
386m THE CALYPSO Freehold 2005 30 2, 3 764 - 764 sqft S$3,500 - S$4,200
S$4 - S$5 PSF 		3.03% - 3.03%
Avg Yield: 3.03% 		2

Source: URA

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

Vela Bay Project Information & 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.

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Learn more about VELA BAY, conveniently located near Bayshore MRT, Temasek Primary School, and East Coast Park. Our team is available to provide helpful project updates and answer your questions about this well-positioned residence.

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