PROJECT DETAILS
| Project Name | VELA BAY |
|---|---|
| Description | Proposed residential development comprising 2 blocks of 31-storey apartments (515 units) with communal facilities and carparks at basement 1 and 2 at Bayshore Walk |
| Developer | Sing-Haiyi Garnet Pte Ltd (JV between Sing-Haiyi Group and Haiyi Holdings) |
| Address | 1 Bayshore Walk Singapore 469861 3 Bayshore Walk Singapore 469876 |
| District |
16 |
| Tenure | 99 years leasehold |
| Site Area | 112,992sqft |
| Plot Ratio | 4.52 |
| Total Blocks, Units & Carpark | 2 Blocks of 31-Storey 515 Units of 1 to 5 bedroom types 254 carparks lots, 4 EV lots and 3 accessible lots |
| NOVP | 31 Dec 2031 |
VELA BAY - Rare Seafront Living Next to MRT
Own a Waterfront Home in Singapore’s Next Growth District
Vela Bay is a brand-new coastal condominium located in the highly sought-after Bayshore enclave along the East Coast. Positioned directly beside Bayshore MRT, TE29, (Thomson-East Coast Line) and opposite East Coast Park, this is a rare opportunity to secure a home that combines lifestyle, connectivity, and future upside.
Vela Bay is developed by SingHaiyi Group, in partnership with Haiyi Holdings — a well-capitalised and established developer with a strong track record in delivering large-scale residential projects across Singapore.
UNIT MIX
| Bedroom Type | Size (sqft) | Number Of Units | Percentage % |
| 1+Study | 484 | 27 | 5.24% |
| 2-Br | 592 | 84 | 16.31% |
| 2-Br Premium | 678, 689 | 113 | 21.94% |
| 3-Br | 883, 893 | 87 | 16.89% |
| 3-Br Premium | 1033 | 88 | 17.09% |
| 4-Br | 1173 | 62 | 12.04% |
| 4-Br PL | 1378 | 26 | 5.05% |
| 5-Br PL | 1582 | 26 | 5.05% |
| Penthouse | 1765 | 2 | 0.39% |
| Total Units | 515 | 100% |
Enter Before Prices Move Up
This is where smart buyers act early:
. First private launch in Bayshore in decades
. Future GLS sites likely to launch at higher land cost & prices
. MRT + Seafront = long-term premium asset class
You are not buying at the peak - you’re entering before the next price benchmark is set.
Addressing Common Buyer Concerns
Is the price too high?
Current pricing is supported by land cost. Future launches are expected to be higher.
Is this location convenient?
Direct MRT access connects you straight to Marina Bay & Orchard — no compromise.
Good for own stay?
Rare balance of nature + connectivity + amenities — ideal for long-term living.
Will it rent out?
Strong tenant pool from CBD & Changi Airport ensures consistent demand.
Who Should Buy Vela Bay?
. Upgraders looking for lifestyle upgrade
. Investors targeting rental yield + capital appreciation
. Buyers who want MRT convenience with coastal living
Why Buyers & Investors Are Choosing Vela Bay?
. Doorstep MRT Access – Direct connectivity to
CBD, Marina Bay & Orchard
. Seafront Lifestyle – Steps to East Coast
Park, beaches & dining
.. First-Mover Advantage – First private condo
in Bayshore transformation
. Strong Rental Demand – Ideal for CBD
professionals & airport staff
.Developed by SingHaiyi Group – Proven track
record
Limited Early Access – Don’t Miss Out
Be among the first to secure best stacks, best views, and
early pricing before public launch.
. Register Now for Vela Bay Showflat Preview
. Get priority access to floor plans, prices & launch discounts
VELA BAY is more than a home — it’s a rare entry
into Singapore’s next waterfront growth story.
