Vela Bay | Show Flat Preview 11 April | Be the First to Know

D16 Upper East Coast | Bedok | TOP Q2 2030

Vela Bay (首航) — The East Coast's Most Anticipated New Launch

What Differentiates Vela Bay

Vela Bay is the first private condominium to launch in the Bayshore enclave in 26 years — a neighbourhood where 20+ year old resale properties like Costa Del Sol already transact at up to $2,102 psf. You are buying the opening move in a government-backed 60-hectare urban transformation that will ultimately deliver 10,000 new homes, a new lifestyle main street, and a direct Bayshore MRT (TEL) station at your doorstep.

Developed by SingHaiyi Group — the team behind Grand Dunman, Parc Clematis, and Sora — in joint venture with Chuan Investments, Vela Bay occupies a 112,992 sqft site on Bayshore Road. SingHaiyi-Garnet placed the winning GLS bid at $658.89 million ($1,388 psf ppr), the highest suburban land rate ever recorded in Singapore, reflecting unambiguous developer confidence in this location.

The SML Trifecta: Schools. MRT. Large Development.

Singapore property research consistently shows that the three factors most correlated with capital appreciation and rental yield are: proximity to a top primary school, walking distance to MRT, and being a large development (500+ units with robust management and facilities). Vela Bay delivers all three.

🏫 SCHOOLS (S)	Temasek Primary School: within 1km (highest P1 registration priority). Also: Bedok Green Primary (2km), Temasek Secondary, Temasek Junior College — an unbroken Temasek cluster for families who value educational continuity.
🚇 MRT (M)	Bayshore MRT Station (TE29, Thomson-East Coast Line): doorstep access via sheltered linkway. 3 stops to Marine Parade, 7 stops to Gardens by the Bay, 9 stops to Raffles Place, 5 stops to Changi Airport. The TEL is Singapore's most strategically significant new line, linking the East Coast directly to the CBD without transfers.
🏙️ LARGE DEVELOPMENT (L)	515 units across 2 towers of up to 31 storeys. A large development supports a full suite of facilities (pool, gym, 2 clubhouses, tennis court, BBQ pavilions), professional management, strong sinking funds, and better MCST governance — all factors that sustain resale premiums.

Long-Term Value Drivers

Beyond the SML trifecta, government-backed mega-projects create a multi-year appreciation support for Bayshore property:

Bayshore Precinct Transformation: The 60-hectare URA-masterplanned precinct will deliver 10,000 new homes (7,000 HDB + 3,000 private), a new Bedok South integrated development (1 MRT stop away with retail malls, F&B, and lifestyle amenities), dedicated cycling and transit corridors, and a 'Main Street' pedestrian boulevard. Vela Bay is the first private parcel released — buyers today enter at ground floor pricing before the precinct ecosystem is built out.

Changi Airport Terminal 5: T5 broke ground in May 2025 and is targeted for completion in the mid-2030s. Designed to handle 50 million passengers annually, T5 will dramatically expand employment at Changi Business Park and the wider Changi East precinct — just 5 MRT stops from Bayshore. This expands the professional tenant pool for Vela Bay investors considerably.

Lifestyle: East Coast Living, Upgraded

Vela Bay faces East Coast Park — one of Singapore's most beloved recreational corridors. Walk to the park for morning cycling, weekend barbecues at East Coast Lagoon Food Village, or paddleboarding off the beach. Drive to Parkway Parade, Bedok Mall, or the Katong-Joo Chiat lifestyle belt. For those who travel frequently, Changi Airport is 15 minutes by car or 5 stops by TEL.

Development Specifications at a Glance

Specification	Details
Project Name	Vela Bay (首航)
Address	Bayshore Road, District 16
Tenure	99 years leasehold
Developer	SingHaiyi Group & Chuan Investments (SingHaiyi-Garnet JV)
Total Units	~515 units
Development	2 blocks, up to 31 storeys
Unit Types	1+Study, 2, 3, 4, 5 Bedroom
Site Area	~10,497 sqm (112,992 sqft)
Expected TOP	2030
GLS Land Price	$658.89 million ($1,388 psf ppr)
Indicative Launch Price	From ~$2,500 psf
VVIP Preview Date	11 April 2026
MRT	Bayshore MRT (TE29, TEL) — doorstep, sheltered linkway
Nearest School (1km)	Temasek Primary School
Nearest Parkland	East Coast Park (~1.4km)
Facilities	Pool, pool deck, 2 clubhouses, gym, tennis court, BBQ pavilion

Case for Personal Stay

• Wake up to sea breezes; walk to East Coast Park in 10 minutes.

• Doorstep TEL access: 20-minute commute to Marina Bay or Raffles Place without transfers.

• Temasek Primary within 1km: highest registration priority for P1.

• Full-service condominium with 2 clubhouses — resort living at home.

• The East Coast lifestyle belt (Katong, Joo Chiat, East Coast Lagoon) is 10 minutes by car or bike.

Case for Investment

• First-mover in a government-masterplanned precinct — Lentor set the precedent: early buyers in new townships consistently outperform later launches as infrastructure matures.

• Land cost of $1,388 psf ppr sets the floor and benchmark for subsequent Bayshore GLS releases.

• Healthy rental demand: Changi Business Park, SUTD, and the incoming T5 employment hub create a strong professional tenant base. District 16 already sees strong expatriate tenancy.

• Capital appreciation upside: More mature properties such as Costa Del Sol (2004, 99yr from 1997) transacts at ~$1,849 psf average with 71 years remaining. A fresh 99-year Vela Bay unit starts with full lease life.

TEL line: properties within 500m of an MRT station historically command a 10–15% premium over non-accessible projects, and the TEL is the newest line in Singapore's network.

Project Name	Vela Bay
Address	Bayshore Road, Singapore
District	D16 – Bedok / Upper East Coast
Developer	SingHaiyi Group & Chuan Investments
Tenure	99-Year Leasehold
Site Area	112,992 sq ft (10,497 sqm)
No. of Blocks	2
No. of Storeys	31
Total Units	515
Unit Types	1- to 5-Bedroom & Penthouses
Nearest MRT	Bayshore MRT Station (TEL) – approx. 110m
Expected TOP	2030 (estimated)
Expected Launch When is Vela Bay launching?	Q2 2026

SingHaiyi Group
A Singapore-based real estate developer with over 40 years of experience in property development, investment, and management. The group operates across the residential, commercial, and mixed-use sectors, with projects in Singapore and select international markets.

SingHaiyi is led by a management team with strong industry networks and a track record of identifying well-located residential sites. Its portfolio spans across private condominiums, commercial assets, and income-generating retail properties. The group is guided by a philosophy of business integrity and long-term value creation — building projects designed to hold relevance well beyond their launch date.

Vela Bay represents SingHaiyi's entry into the Bayshore precinct, continuing the group's focus on well-connected, quality residential developments in Singapore's established neighbourhoods.

Vela Bay
Bayshore Drive

Vela Bay sits at the western gateway of the Bayshore precinct, bounded by Bayshore Road, Bayshore Drive, and the East Coast Parkway (ECP). The site's most immediate advantage is its proximity to Bayshore MRT Station (Thomson-East Coast Line, TE29) — approximately 110 metres away — providing direct train access to Marina Bay, Shenton Way, Orchard Road, and Woodlands without line transfers.

For drivers, the ECP and Pan Island Expressway (PIE) are easily accessible, connecting residents to the CBD, Changi Airport, and the rest of the island efficiently.

East Coast Park is a short walk from the development, offering residents access to cycling and jogging paths, seaside dining, and open green space along the coast. For daily needs, Parkway Parade, Bedok Mall, and neighbourhood eateries are within easy reach.

Families will note the proximity to established schools, including Temasek Primary School (approx. 750m), Temasek Secondary School, Victoria School, and Anglican High School — all accessible via the TEL or a short drive.

The Bayshore precinct itself is part of URA's long-range development plans, envisioned as an integrated residential neighbourhood with green corridors, community facilities, and improved transport links. As one of the first projects to launch within this precinct, Vela Bay's positioning offers early access to an area that is expected to continue developing over the next decade.

Details Coming Soon. Contact Us for Vela Bay Preview Showflat Viewings and Latest Updates.

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Disclaimer
While reasonable care has been taken in preparing this website, neither the developer nor its appointed agents guarantee the accuracy of the information provided to the fullest extent permitted by law, the information, statements, and representations on this website should not be considered factual representations, offers, or warranties (explicit or implied) by the developer or its agents. They are not intended to form any part of a contract for the sale of housing units. Please note that visual elements such as images and drawings are artists’ impressions and not factual depictions. The brand, color, and model of all materials, fittings, equipment, finishes, installations, and appliances are subject to the developer’s architect’s selection, market availability, and the developer’s sole discretion. All information on this website is accurate at the time of publication but may change as required by relevant authorities or the developer.The floor areas mentioned are approximate and subject to final survey.

Vela Bay | Show Flat Preview 11 April | Be the First to Know

D16 Upper East Coast | Bedok | TOP Q2 2030

Vela Bay (首航) — The East Coast's Most Anticipated New Launch

What Differentiates Vela Bay

The SML Trifecta: Schools. MRT. Large Development.

Long-Term Value Drivers

Lifestyle: East Coast Living, Upgraded

Development Specifications at a Glance

Case for Personal Stay

Case for Investment

Vela Bay @ Bayshore

Who is the developer of Vela Bay?

Location: Is Vela Bay next to Bayshore MRT?

Features

Facilities

Unit Distribution

Unit Availability and Pricing. What is the price of Vela Bay?

schedule a viewing and contact us now

Contact 9882-4209