Vela Bay
Vela Bay: Why Bayshore’s First Private Launch Is Drawing Strong Buyer Attention
For illustration purposes only
A rare seafront new launch beside Bayshore MRT, Vela Bay has quickly become one of 2026’s most watched projects after achieving strong early sales momentum.
For illustration purposes only
Location
Bayshore Road
District
D16
Developer
SingHaiyi & Chuan Capital
Tenure
99-Year Leasehold
Total Units
515 Units
MRT
Bayshore MRT
Launch Take-Up
72%
Avg Price
~$2,886 psf
Launch & Market Snapshot
Why Vela Bay’s launch performance matters
72%
371 of 515 units sold during launch day/weekend.
~1,000
Cheques collected before launch, nearly 2x subscribed.
$2,886 psf
Reported average launch pricing achieved.
+0.9%
Singapore private home prices rose in Q1 2026.
First Private Launch In The New Bayshore Precinct
Vela Bay enters the market as the first private residential launch in the newly planned Bayshore precinct.
This gives buyers a first-mover position in an area expected to evolve into a larger mixed-use waterfront community.
Doorstep MRT Connectivity
The project is positioned close to Bayshore MRT on the Thomson-East Coast Line.
For buyers who value East Coast living but still want direct rail access, this is one of Vela Bay’s strongest selling points.
Strong Early Take-Up Shows Real Demand
The reported 72% launch take-up suggests that buyer interest was not just casual browsing, but converted into actual sales.
This is important because it reflects confidence in the Bayshore story, despite today’s higher new launch pricing environment.
East Coast Lifestyle Appeal
Bayshore offers a rare mix of MRT access, coastal lifestyle and proximity to East Coast Park.
Part Of A Larger Bayshore Transformation
The Bayshore area is planned as a major waterfront housing precinct, with thousands of future homes and improved amenities.
For long-term buyers, this creates a transformation narrative similar to other Singapore precincts that matured over time.
What Buyers Should Still Compare Carefully
Strong launch sales do not mean every unit is automatically suitable.
Buyers should still compare stack orientation, entry price, unit size efficiency, future supply and exit audience before committing.
Progressive Payment Scheme
| Milestone | % | Timing |
|---|---|---|
| Booking Fee | 5% | Day 0 |
| Sales & Purchase Signed | 15% | Week 2–3 |
| Foundation Completed | 10% | 6 months |
| Reinforced Concrete Works | 10% | 12 months |
| Brick Walls / Partition | 5% | 18 months |
| Roof / Wiring & Plaster | 5% | 24 months |
| Carparks, Roads & Drainage | 5% | 30 months |
| TOP / Key Collection | 25% | 36 months |
| CSC / Legal Completion | 15% | 48 months |
Location Map
Considering Vela Bay or another 2026 new launch?
Compare pricing, layout, future supply and exit strategy before choosing your unit.
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