New Launch · District 16 · Bayshore Road · Singapore
vela bay
Where Coastal Living Meets the Future of Singapore's East Coast.
Directly adjacent to Bayshore MRT on the Thomson-East Coast Line.
The first private development in a 60-hectare master-planned with the Long Island transformation on the horizon.
VELA BAY NEW LAUNCH PROJECT DETAILS
at a glance
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unit mix
1 + Study to 5 Bedrooms
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tenure
99-year Leasehold
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NO. OF UNITS
515 units
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Developer
SingHaiyi Group & Chuan Investments
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mrt
Bayshore MRT (TE29) — Thomson-East Coast Line
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site area
112,992 sqft
(10,497 sqm)
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expected top
2030
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Address
Bayshore Road, District 16
Coastal Living.
City Connectivity.
Set Sail to Your New Chapter at East Coast.
Vela Bay is the first private residence to launch in Singapore's new Bayshore precinct in over 25 years — 515 homes along Bayshore Road, directly beside Bayshore MRT, and minutes from East Coast Park.
Designed for a future-ready coastal lifestyle, Vela Bay introduces a new standard of waterfront living with unparalleled sea views and direct access to one of Singapore's most beloved recreational corridors.
More than 70% of units face the sea.
Vela, from the Latin for sails — and there's no better place to set sail than here.
DOWNLOAD THE
VELA BAY E-BROCHURE
Register now for instant access to the Vela Bay e-brochure. Floor plans, pricing, and unit availability will be released progressively — and you'll be the first to know when they are.
No spam. No obligation. No hard sell. Just the updates that matter, when they matter.
the Heart of Singapore's Next Coastal Town.
The Bayshore Precinct is one of Singapore's most anticipated new residential estates — a car-lite, master-planned coastal district along the East Coast with Bayshore MRT at its core. With 7,000 HDB and 3,000 private homes planned, an extensive cycling network connecting to East Coast Park and the Round Island Route, and new commercial, educational, and community facilities in the pipeline, Bayshore is set to become a key node in the East — and Vela Bay is its first private address.
Efficient Site Planning
A thoughtfully planned layout that balances space, privacy, and flow — creating a comfortable living environment with generous greenery and openness throughout.
Bedrooms & Balconies with Sea Views
Wake up to the ocean. Explore Vela Bay’s range of floor plan configurations — from 1 to 5 bedrooms — many with balconies designed to capture the sea breeze and coastal views.
A Location That Works for You
East Coast Park — approx. 0.5km · Bayshore MRT (TEL) — at your doorstep
Schools, Hospitals, Mall and amenities within 5-15 minutes drive.
Frequently Asked Questions (faqs)
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The preview is scheduled to open on 11 April 2026. This is when indicative pricing, floor plans, and unit availability will be released. Register your interest above and we'll notify you the moment details are confirmed.
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Official pricing has not been released. Based on the GLS land cost of $1,388 psf ppr, launch pricing is estimated in the high-$2,700 to $2,800 psf range. We will update this page with confirmed figures at the preview. Register to receive pricing updates directly.
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Vela Bay comprises 515 units across two 31-storey towers, with configurations ranging from 1-bedroom to 5-bedroom. More than 70% of units are sea-facing. Detailed unit mix and floor plan breakdowns will be available from 11 April 2026.
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The showflat is located along Eunos Avenue 3. An appointment is required before visiting — register your interest above and we will arrange your private viewing.
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Yes — particularly for HDB owners in District 15, 16, and the broader East Coast catchment with sufficient equity. That said, at the estimated pricing, affordability should be modelled carefully against your specific TDSR, CPF position, and net HDB proceeds. Own It provides a free financial assessment before any commitment is made.
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Vela Bay is expected to receive its Temporary Occupation Permit (TOP) in 2030.
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The price is the same whether you buy directly from the developer or through Own It.
What changes is the support. As PropNex-registered agents with direct new project access, we provide an independent ASSET analysis, full financial assessment, and a personalised upgrading roadmap — so every step of your journey is backed by clarity and a plan you can own with confidence.
Get Early Access to Vela Bay.
Register now for instant access to the Vela Bay e-brochure. Floor plans, pricing, and unit availability will be released progressively — and you'll be the first to know when they are.
No spam. No obligation. No hard sell. Just the updates that matter, when they matter.
ASSET SCORING FRAMEWORK for new launch projects
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ASSET SCORING FRAMEWORK for new launch projects |
considering a new launch?
At Own It Real Estate, Ron and Ming Hui use a A 5-FACTOR Scoring FRAMEWORK to assess if the NEW LAUNCH PROJECTS if suitable for you, SO YOU OWN IT WITH CONFIDENCE
Before any offer is made, every shortlisted property is run through Own It’s ASSET framework with five weighted dimensions that produce a comparable score across all options.
You see how each property stacks up side by side, backed by numbers, data and analytics to make an informed decision instead of how you ‘feel’ after a showflat visit.
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Affordability
Always CriticalTDSR stress-tested at 4%, monthly mortgage as a percentage of household income, and reserve fund adequacy — confirmed before any other factor. For new launches, this also includes modelling the progressive payment schedule to ensure you can sustain payments throughout the construction period, not just at TOP.
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Safe Entry
Most Critical for New LaunchesEntry price benchmarked against comparable resale and subsale transactions, normalised to the same tenure. For new launches, this also includes comparing against future GLS breakeven pricing — what comparable new projects are likely to cost in 3–5 years. Developers price new launches with a premium baked in. Safe Entry analysis confirms whether that premium is justified by location and demand fundamentals — or simply by a compelling show flat.
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Supply & Demand
Critical — Exit FocusHDB upgrader pool analysis for the target district, competing new launch supply pipeline, and assessment of whether this project is better positioned than its alternatives. For new launches, supply analysis extends forward to the TOP year — mapping how much competing stock completes simultaneously and whether the buyer pool at exit is deep enough to absorb it.
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Estate Appeal
Evaluate Before ShowflatDevelopment size, MRT proximity, school catchment, floor plan efficiency, and facilities quality. For new launches, floor plan analysis is completed from architectural drawings before any show flat visit — because the show flat is designed to maximise perceived size, not to represent what a bare unit actually feels and functions like.
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Transformation
Most Critical for New LaunchesURA Master Plan transformation plans, new MRT lines, planned employment nodes, and mixed-use developments in the pipeline. For new launches, transformation is the primary driver of appreciation — you are buying in advance of the infrastructure being completed. The key question is whether the transformation timeline aligns with your target exit, and whether it has already been priced in at launch.
Want us to run the ASSET score on a specific new launch you're considering?
Share the development you're looking at. Let Ron and Ming Hui run a full Safe Entry analysis and Transformation assessment — so you walk in to the showflat with clarity.