




| Address | 1 Bayshore Walk, Singapore 469816 |
|---|---|
| Postal code | 469816 |
| Additional postal codes | 469876 |
| Status | For Sale |
| Country | Singapore |
| Storeys | 31 |
| TOP (estimate) | Q4 2031 |
| Completion | 2031 |
| Tenure | 99-year |
| Launch date | Q2 2026 |
| Project size | TBC |
| Units | 515 |
| District | D16 |
| Neighbourhood | East Coast |
| Blocks | 2 |
| Property type | condo |
| Developer | SingHaiyi Group & Chuan Capital |
Developer's indicative asking prices
| Effective date | Type | Price range | PSF range |
|---|---|---|---|
| 6/14/2026 | indicative | $1,350,000 – $4,540,000 | $2,129 – $3,123 psf |
Price range: $1.35M – $4.54M
Completed sales from government records
Recent Transactions (20)
| Date | Block | Unit | Beds | Area (sqft) | PSF | Price |
|---|---|---|---|---|---|---|
| 06/2026 | 03 | #12-xx | 4 BR | 1,173 | S$2,847 | S$ 3.340M |
| 05/2026 | 03 | #03-xx | 2 BR | 592 | S$2,613 | S$ 1.547M |
| 04/2026 | 03 | #29-xx | 2 BR | 678 | S$3,108 | S$ 2.107M |
| 04/2026 | 03 | #24-xx | 2 BR | 678 | S$3,009 | S$ 2.040M |
| 04/2026 | 03 | #14-xx | 2 BR | 689 | S$2,804 | S$ 1.932M |
| 04/2026 | 03 | #1x-xx | 4 BR | 1,173 | S$2,869 | S$ 3.365M |
| 04/2026 | 03 | #0x-xx | 2 BR | 592 | S$2,598 | S$ 1.538M |
| 04/2026 | 03 | #0x-xx | 3 BR | 1,033 | S$2,730 | S$ 2.820M |
| 04/2026 | 03 | #0x-xx | 2 BR | 592 | S$2,534 | S$ 1.500M |
| 04/2026 | 03 | #0x-xx | 2 BR | 678 | S$2,689 | S$ 1.823M |
| 04/2026 | 03 | #0x-xx | 2 BR | 592 | S$2,546 | S$ 1.507M |
| 04/2026 | 03 | #0x-xx | 3 BR | 883 | S$2,717 | S$ 2.399M |
| 04/2026 | 03 | #0x-xx | 2 BR | 678 | S$2,696 | S$ 1.828M |
| 04/2026 | 03 | #0x-xx | 3 BR | 893 | S$2,561 | S$ 2.287M |
| 04/2026 | 03 | #0x-xx | 3 BR | 883 | S$2,725 | S$ 2.406M |
| 04/2026 | 03 | #0x-xx | 2 BR | 678 | S$2,704 | S$ 1.833M |
| 04/2026 | 03 | #0x-xx | 3 BR | 893 | S$2,569 | S$ 2.294M |
| 04/2026 | 03 | #0x-xx | 2 BR | 592 | S$2,569 | S$ 1.521M |
| 04/2026 | 03 | #0x-xx | 3 BR | 883 | S$2,733 | S$ 2.413M |
| 04/2026 | 03 | #0x-xx | 2 BR | 678 | S$2,711 | S$ 1.838M |
Vela Bay offers a progressive payment scheme. A booking fee of 5% of the purchase price is due on Day 0. The Sales & purchase agreement is signed with a 15% payment on Week 2-3. Subsequent payments are tied to construction milestones: 10% when foundation is completed (approx. 6 months), 10% for reinforced concrete works (approx. 12 months), 5% for brick walls/partition (approx. 18 months), 5% for…
Vela Bay is located at 1 Bayshore Walk in District 16, at the doorstep of Bayshore MRT Station on the Thomson–East Coast Line, offering direct access to key destinations such as Marina Bay, Orchard Road and the Central Business District. It is just three MRT stops from the future Changi Terminal 5 station. For drivers, the East Coast Parkway and Pan Island Expressway are minutes away, with Changi Airport even closer. The development is within 1km of Temasek Primary School and Temasek Secondary School, with Victoria School, Haig Girls’ School, Tao Nan School, and Temasek Junior College nearby. The upcoming SAFRA development will add recreational and retail amenities. East Coast Park is just a short walk away, offering a seafront lifestyle and connectivity to the Park Connector Network. The new Bayshore precinct transformation will create a vibrant coastal community with a tree-lined main street, cafés, shops, and a landscaped pedestrian bridge directly connecting to East Coast Park.
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Vela Bay is an exclusive new launch condominium located at the doorstep of Bayshore MRT Station along the upcoming Bayshore precinct. Rising 31 storeys across two elegant towers, the development comprises 515 residential units with 1 to 5-bedroom layouts. Over 70% of units are sea-facing, offering a rare coastal living experience in Singapore. With seamless connectivity to the CBD and Changi Airport via the TEL and close proximity to East Coast Park, residents can enjoy a refined lifestyle between the city and the sea. Developed by SingHaiyi Group, a CONQUAS Band 1 developer, Vela Bay is more than just a new launch. It represents a key addition to the transforming Bayshore precinct, set to redefine the standards of luxury coastal living. Taking design cues from the sleek, aerodynamic lines of luxury yachts, the architecture of Vela Bay is a nod to its nautical surroundings. Inside the homes, the focus shifts towards refinement and practicality, with layouts from 1 to 5-bedroom units and premium fittings from Miele, SMEG, Geberit and Newform. Facilities include a 50m infinity lap pool, two clubhouses, function rooms, co-working spaces, a fully equipped gym, outdoor fitness corner, swing garden, and children’s playground, all designed for a balanced lifestyle.
The appeal of Singapore’s East Coast has always been shaped by a distinct blend of elements – the scent of the sea, the steady rhythm of the Park Connector Network (PCN), and a lifestyle that feels removed from the pace of the CBD, despite being just minutes away. Yet, even within this sought-after stretch, it remains uncommon to find a development that brings together resort-style living and seamless connectivity in equal measure. This is where Vela Bay sets itself apart. Developed by SingHaiyi Group, a CONQUAS Band 1 developer,Vela Bay is more than just a new launch. It represents a key addition to the transforming Bayshore precinct. Positioned at 1 and 3 Bayshore Walk, this development is set to redefine the standards of luxury coastal living when it launches in April 2026.
Taking design cues from the sleek, aerodynamic lines of luxury yachts, the architecture of Vela Bay is a nod to its nautical surroundings. The 515-unit development is strategically oriented to ensure that over 70% of units are sea-facing, allowing the horizon to become part of your everyday living. Inside the homes, the focus shifts towards refinement and practicality. Layouts range from efficient 1-bedroom units to expansive 5-bedroom residences, giving you flexibility whether you are entering the private market or upgrading for more space. At the same time, the choice of materials and fittings reinforces the development’s premium positioning. Brands such as Miele, SMEG, Geberit and Newform are integrated throughout, offering a level of quality that is not just visible, but experienced daily. For you, this translates into a home that balances aesthetics with long-term liveability. Beyond the private living spaces, the development extends this sense of considered design into its shared facilities. A 50m infinity lap pool forms the centrepiece, offering uninterrupted views that echo the surrounding coastline. This is complemented by two clubhouses, function rooms and co-working spaces, giving you flexibility whether you are hosting, working remotely or simply seeking a change of environment within your own residence. Wellness and recreation are equally well catered for. A fully equipped gym, outdoor fitness corner and swing garden create spaces for both active and restorative routines, while a dedicated children’s playground ensures that younger residents have room to play and unwind. Altogether, these facilities are designed to support a lifestyle that feels balanced, where work, leisure and family time can coexist within a single, thoughtfully planned environment.
In modern city living, convenience increasingly shapes the definition of luxury. Space and design still matter, of course, but the true value of a home often lies in how effortlessly it connects you to the wider city. In this respect, Vela Bay occupies an unusually advantageous position at Bayshore. At its doorstep, Bayshore MRT station on the Thomson–East Coast Line offers direct access to key destinations such as Marina Bay, Orchard Road and the Central Business District. It is also just three MRT stops from the future Changi Terminal 5 station, adding another layer of convenience for frequent travellers while strengthening the development’s long-term connectivity. For those who prefer to drive, both the East Coast Parkway and Pan Island Expressway are only minutes away, placing much of the island within easy reach. Changi Airport sits even closer, making regional travel quick and convenient. Taken together, this combination of rail and road connectivity gives Vela Bay a level of efficiency that is increasingly hard to come by. Daily commutes become more predictable, and over time, that consistency adds up to a meaningful improvement in how you experience the city. For families, this sense of convenience extends beyond transport. The development sits within 1km of Temasek Primary School and Temasek Secondary School, with other well-regarded institutions such as Victoria School, Haig Girls’ School, Tao Nan School, and Temasek Junior College located within a short radius. This proximity helps streamline daily routines, while also supporting longer-term planning as your needs evolve. At the same time, the surrounding area continues to grow as a lifestyle destination. The upcoming SAFRA development, set to be the largest in Singapore, will add another layer of recreational and retail amenities nearby, further enhancing the appeal of the neighbourhood.
While the lifestyle appeal is clear, Vela Bay’s longer-term value is closely tied to the transformation of the new Bayshore precinct. Plans for the area outline a new seafront neighbourhood spanning approximately sixty hectares, where thousands of homes will gradually shape a vibrant coastal community. A tree-lined main street is expected to anchor the district with cafés, shops and shared public spaces, while a landscaped pedestrian bridge will connect residents directly to East Coast Park and the shoreline beyond. Over time, these enhancements are set to improve not just convenience, but the overall character and liveability of the neighbourhood. As the first private residential launch within this evolving precinct, Vela Bay enters at a particularly early stage of this transformation. Rather than moving into a fully mature estate, you are stepping into a location that is still taking shape, with the potential to benefit from its long-term growth as the area develops. Beyond the immediate precinct, several large-scale plans are set to further enhance the area’s appeal. The Long Island Master Plan, with its focus on coastal protection and land creation, is expected to strengthen the East Coast’s position as a key residential belt. Alongside this, initiatives such as the Kallang Alive Master Plan and the broader Bayshore Precinct Master Plan will introduce new lifestyle, recreational and community spaces across the wider region. Taken together, these developments point towards a more connected and vibrant coastal corridor. As these plans take shape, they could support sustained demand and, in turn, contribute to value appreciation over time. For you, this means Vela Bay is not just a home for today, but one that is closely aligned with a broader and evolving growth story.
Living by the coast is often seen as a luxury reserved for weekends. At Vela Bay, it becomes part of your daily routine. With East Coast Park just a short walk away, you are naturally connected to one of Singapore’s most established lifestyle destinations. After a long day, a jog along the seafront or a quiet evening cycle becomes an easy way to unwind. Over time, these small routines begin to shape how you experience home, not just as a place to return to, but as an environment that supports both movement and rest. At the same time, the Park Connector Network (PCN) extends this connectivity even further, linking you to longer cycling routes and green corridors across the island. Whether you prefer an active lifestyle or simply value having open space nearby, the proximity to the coast offers a sense of ease that is increasingly difficult to find in more built-up parts of the city.
As the Bayshore skyline continues to evolve, Vela Bay presents a timely opportunity for you to be part of this next phase of growth. It is a development that speaks to how you want to live today, with greater emphasis on convenience, quality and long-term comfort. To explore the development in more detail, visit Vela Bay’s sales gallery along Eunos Avenue 3, which is open daily from 10 am to 8 pm.
Vela Bay was developed by SingHaiyi Group & Chuan Capital.
Some of the nearest schools from Vela Bay are Alphabet Playhouse @ East Coast, Humanities Hub Education Centre and Rainbow Cove Pre-School @ Upper East Coast, providing families with quality education close to home.
The price range of units for sale in Vela Bay is S$ 1,348,000 ~ S$ 4,543,000. The prices depend on size, location within the development, and the overall demand in the new launch market.
First-loan buyers can borrow up to 75% of the purchase price/valuation; the remaining 25% is the minimum down-payment.