Fresh developments along Singapore's shoreline have become exceptionally scarce. Most of the East Coast's premium waterfront land was built up years ago, creating limited opportunities for contemporary residential projects with direct ocean frontage. Vela Bay distinguishes itself through this scarcity. Located across from East Coast Park, the development provides residents with a lifestyle characterized by clear horizons, ocean winds and sweeping waterfront panoramas.
The East Coast area continues to rank among Singapore's premier residential districts. It delivers an exceptional blend of city conveniences with a relaxed seaside atmosphere. Bayshore Road is nestled between two established communities: Bedok and Marine Parade. Both localities already offer comprehensive amenities, including retail centers, educational institutions, healthcare services, and food courts.
Vela Bay's enduring attractiveness is directly linked to the evolution of the Bayshore area, among Singapore's most recent planned residential communities along the eastern shore. Although the East Coast has traditionally been a sought-after residential location, the Bayshore corridor is just embarking on its upcoming development phase, backed by enhanced transit connections and progressive waterfront planning strategies.
| Address | Bayshore Road |
|---|---|
| Postal code | 123457 |
| Status | New Launch |
| Country | Singapore |
| Storeys | 31 |
| Nearest MRT | Bayshore MRT |
| Walk time | 1 min walk |
| Completion | Medium (515 units) |
| Tenure | 99-year |
| Launch date | Q2 2026 |
| Project size | Medium (515 units) |
| Units | 515 |
| District | D05 |
| Neighbourhood | Bedok |
| Blocks | 1 |
| Property type | condo |
| Developer | Sing-Haiyi Garnet Pte. Ltd. |
The official developer e-brochure for Vela Bay will be published soon
An exclusive premium new launch in the emerging Bayshore district, featuring oceanfront residences with compelling long-term growth potential from the Long Island Master Plan.
Transactions: 4
Data source: URA, Realis and 99.co
Price range: TBC
Payment structure overview - From reservation to TOP, select a sample amount to view progressive payment schedules.
| Milestone | % of Price | Typical Timing | Example |
|---|---|---|---|
| Reservation Fee (Optional) | 5% | Day 0 | $50K |
| Purchase agreement execution | 15% | Week 2-3 | $150K |
| Foundation completion | 10% | 6 mo | $100K |
| Structural concrete works | 10% | 12 mo | $100K |
| Masonry walls / partitions | 5% | 18 mo | $50K |
| Roofing / electrical & plastering | 5% | 24 mo | $50K |
| Parking, infrastructure & drainage | 5% | 30 mo | $50K |
| TOP (Key handover) | 25% | 36 mo | $250K |
| CSC (Final settlement) | 15% | 48 mo | $150K |
Vela Bay is situated on Bayshore Road in District 16. The closest MRT station to Vela Bay is Bayshore MRT. Located on Bayshore Road in District 16, this upcoming development will deliver 515 residential units to the locale, representing among the initial private residential developments in a freshly conceived waterfront district. The development is positioned right next to the future Bayshore MRT Station on the Thomson–East Coast Line, offering residents convenient connectivity to the city center and Singapore's eastern regions.
| Destination | Transfers | Duration | Fare |
|---|---|---|---|
| Changi Airport | 2 Transfers | 47 min | S$ 1.39 |
| Raffles Place | 1 Transfer | 43 min | S$ 1.43 |
| Orchard Road | 1 Transfer | 50 min | S$ 1.50 |
Supermarkets
Parks
Vela Bay is developed by Sing-Haiyi Garnet Pte. Ltd..
Nearby schools to Vela Bay include Alphabet Playhouse @ East Coast, Humanities Hub Education Centre and Rainbow Cove Pre-School @ Upper East Coast, offering families convenient access to quality education.
First-time buyers may finance up to 75% of the purchase price/valuation; the remaining 25% represents the minimum down-payment.
