Everything at a glance
Vela Bay is a residential development of 515 units across 2 blocks of 31 storeys (9 units per core), developed by SingHaiyi Group (via Bayshore Walk Pte Ltd) at 1 & 3 Bayshore Walk, District 16 — SingHaiyi won the Government Land Sales tender for the site at a record $658.89 million ($1,388 psf ppr) in March 2025.
The only condo next to Bayshore MRT
Vela Bay is the first new residential launch in District 16 in 25 years, and the only condominium sitting directly beside Bayshore MRT station, part of the upcoming Bayshore precinct redevelopment along the East Coast.
The development is Green Mark Platinum Super Low Energy certified with Whole Life Carbon and Maintainability badges, and is designed as a 50% car-lite development with 258 carpark lots (including 4 EV charging lots) against 515 units. Residents enjoy proximity to East Coast Park and the wider Bayshore waterfront masterplan, one of the last remaining beachfront residential enclaves in Singapore.
What's actually around you
Groceries — at a glance.
Groceries
Bayshore is a newly redeveloping precinct — dedicated neighbourhood retail is still being built out as the estate matures.
How active is District 16 right now?
Live activity pulled straight from URA's transaction data — not something you'll find on a typical listings site.
515 units, 1 Bedroom to Penthouse
A full range from a compact 1-Bedroom + Study to a rare collection of just 2 penthouses.
| Type | Size (sqft) | Units |
|---|---|---|
| 1 Bedroom + Study | 484 | 27 |
| 2 Bedroom | 592 | 84 |
| 2 Bedroom Premium | 678 – 689 | 113 |
| 3 Bedroom | 883 – 893 | 87 |
| 3 Bedroom Premium | 1,033 | 88 |
| 4 Bedroom | 1,173 | 62 |
| 4 Bedroom Premium, Private Lift | 1,378 | 26 |
| 5 Bedroom Premium, Private Lift | 1,582 | 26 |
| Penthouse | 1,765 | 2 |
| Total | — | 515 |
Please contact Charlene for current availability.
72% sold on launch day, average $2,886 psf
Vela Bay launched on 25 April 2026, selling approximately 72% of its units on launch day at an average of $2,886 psf — among the highest OCR prices recorded in Singapore's East. Indicative pricing started from approximately $2,500 psf. Contact Charlene for the current price list and unit-specific quotes.
Full brochure & floor plans on request
“Have a very pleasant experience with Charlene as my advisor. She helped me to sell my property and provided details on the current market condition and what price I can look at.”
Charlene Ho will be in touch · Branch Division Director, ERA Realty · About her →
Leave your details for the complete e-brochure, floor plans, and a personalised walkthrough of what's still available — or skip straight to WhatsApp.
Launch details compiled from public sources as of Jul 2026 and may change. Please contact Charlene for the latest prices, unit availability and official developer materials.