Register Interest: Vela Bay

Spaces Meticulously Designed for Contemporary Living and Family Well-being.

*The information is subject to change and photos/images used are for illustration purposes only.

Strategic East Coast Connectivity

Project / Location Name

VELA BAY

Region

Outside Central Region (OCR)

District

D16 - Bedok / Upper East Coast

Cluster

East

Planning Area

Bedok

Subzone

BAYSHORE

Property Type

Condo

Site Area

105,486 Sqft

GFA

443,042 Sqft

Plot Ratio

4.2

Tenure

99 Years

Total Units

515

Type of Land Sales

GLS

Land Use

RESIDENTIAL

Land Bid Price

$658,000,000

Highest Bid (m)

$658,000,000

Highest Bid (psf)

$1,388

Number of Bids

8

Land Awarded Date

2025-03-18

Est. Breakeven PSF

$2,343

Developers

SingHaiyi-Garnet

Source: URA

*The information is subject to change and photos/images used are for illustration purposes only.

Introducing Vela Bay: Coastal Living Awaits

This new development along Bayshore Road is part of the ongoing transformation of the Bayshore area into a vibrant waterfront residential community. Situated next to the future Bayshore MRT station on the Thomson-East Coast Line (TEL), residents will have excellent public transport access. Once the full TEL line is operational, commuting to the city centre, Marina Bay, and Changi Airport will be direct and convenient.

Located at the entrance of the new Bayshore residential area, this development helps shape the neighborhood's identity as a lively, diverse community. The overall Bayshore plan includes approximately 10,000 new homes, blending various housing types with community facilities, green spaces, cycling routes, and recreational options. This particular site will introduce the first private residential units within this precinct, contributing to the area's overall appeal and design standards.

The surrounding environment features natural areas like East Coast Park, Bedok Jetty, and Bayshore Park, providing a coastal living experience close to home. Plans include direct pedestrian links connecting the MRT station, residential areas, and park spaces. This design encourages a lifestyle with less reliance on cars, supported by a network for walking and cycling.

Families will find the area appealing due to nearby schools such as Temasek Primary School, Victoria School, and Temasek Junior College. Daily necessities and leisure activities are easily accessible with shopping and dining options at Bedok Mall, Siglap Centre, and the Marine Parade district.

This location combines coastal appeal with easy transport access and thoughtful urban planning. It offers residents a peaceful yet well-connected address, balancing natural surroundings, community amenities, and convenient connections.

*The information is subject to change and photos/images used are for illustration purposes only.

Prime Location & Connectivity

Seamless access to Bayshore MRT (0.14km) and bus stop (0.36km). Temasek Primary (0.74km) and Secondary (0.77km) are nearby. Eccellente by HAO mart (0.56km) and GOLDEN TICKET supermarket (0.56km) for essentials. Enjoy East Coast Park Area F (0.70km).

Trains (MRT & LRT)
  • TE29 Bayshore

    MRT

    140 m
  • TE30 Bedok South

    MRT

    970 m
  • TE28 Siglap

    MRT

    1340 m
Bus Stops
  • Opp The Summit

    Upp East Coast Rd

    360 m
  • The Summit

    Upp East Coast Rd

    370 m
  • Calvary Ably Of God Ch

    Upp East Coast Rd

    400 m
Primary Schools
  • Temasek Primary School

    501 Bedok South Avenue 3

    740 m
  • Bedok Green Primary School

    1 Bedok South Avenue 2

    1420 m
  • Opera Estate Primary School

    48 Fidelio Street

    2180 m
Secondary Schools
  • Temasek Secondary School

    600 Upper East Coast Road

    770 m
  • Bedok View Secondary School

    6 Bedok South Avenue 3

    1380 m
  • Victoria School

    2 Siglap Link

    1590 m
International Schools
  • Rosemount International School

    25 Ettrick Terrace Singapore 458588

    2210 m
  • Nps International School

    10 Chai Chee Lane Singapore 469021

    3180 m
  • Middleton International School (tampines Campus)

    2 Tampines Street 92, Singapore 528889

    3420 m
Supermarkets
  • Eccellente By Hao Mart

    East

    560 m
  • Hao Mart

    East

    850 m
  • Bedok Mall

    East

    1990 m
Healthcare
  • Clinic@costa

    Bayshore Road

    210 m
  • Econ Medicare Centre

    Upper East Coast Road

    300 m
  • Dental Clinic

    Bedok South Avenue 3

    760 m

Source: URA

*The information is subject to change and photos/images used are for illustration purposes only.

Nearby Property Transactions (Past 1 Year)

Recent transactions in the area show property sales from 680,000 to 5,025,000, averaging 1,800,693. Price per square foot ranged from 916 to 2769. Monthly rentals were from 2,150 to 12,500.

$680,000 $916 PSF $1,800,693 $1,684 PSF $5,025,000 $2,769 PSF
Lowest Sale Average Highest Sale
Distance Project Name Tenure Top Total Units Bedroom Size Range Sales Range Sales Volume
283m COSTA DEL SOL 99 Years 2004 906 2, 3, 4, Penthouse 947 - 2,067 sqft S$1,680,000 - S$3,410,000
S$1,482 - S$2,092 PSF
35
356m EAST COAST RESIDENCES Freehold 2010 59 1, 2, 3 517 - 1,453 sqft S$950,000 - S$2,200,000
S$1,514 - S$1,839 PSF
5
377m THE BAYSHORE 99 Years 1999 1038 1, 2, 3, 4 926 - 1,432 sqft S$1,180,000 - S$2,150,000
S$1,246 - S$1,520 PSF
29
377m UBER 388 Freehold 2015 95 1, 2, 3, 4, Penthouse 840 - 990 sqft S$1,582,000 - S$1,700,898
S$1,616 - S$1,884 PSF
3
386m THE CALYPSO Freehold 2005 30 2, 3 764 - 764 sqft S$1,385,000 - S$1,385,000
S$1,812 - S$1,812 PSF
1

Source: URA

*The information is subject to change and photos/images used are for illustration purposes only.

Nearby Rental Market Overview

Discover local rental market dynamics. Nearby properties exhibit active rental activity, with monthly rates ranging from $2,750 to $11,711. The broader area sees rentals from $2,150 to $12,500, with average yields reaching 4.06%.

Distance Project Name Tenure Top Total Units Bedroom Size Range Rental Range Rental Yield Rental Volume
283m COSTA DEL SOL 99 Years 2004 906 2, 3, 4, Penthouse 947 - 2,067 sqft S$3,700 - S$8,500
S$4 - S$5 PSF
2.12% - 4.43%
Avg Yield: 3.28%
140
356m EAST COAST RESIDENCES Freehold 2010 59 1, 2, 3 517 - 1,453 sqft S$2,750 - S$4,600
S$3 - S$8 PSF
1.50% - 5.81%
Avg Yield: 3.66%
8
377m THE BAYSHORE 99 Years 1999 1038 1, 2, 3, 4 926 - 1,432 sqft S$2,900 - S$11,711
S$3 - S$7 PSF
2.11% - 6.00%
Avg Yield: 4.06%
189
377m UBER 388 Freehold 2015 95 1, 2, 3, 4, Penthouse 840 - 990 sqft S$2,850 - S$6,600
S$3 - S$6 PSF
2.68% - 3.72%
Avg Yield: 3.20%
25
386m THE CALYPSO Freehold 2005 30 2, 3 764 - 764 sqft S$3,700 - S$4,600
S$3 - S$5 PSF
3.21% - 3.21%
Avg Yield: 3.21%
3

Source: URA

*The information is subject to change and photos/images used are for illustration purposes only.

Vela Bay Project Information & Faqs

The district is D16 - Bedok / Upper East Coast for Bayshore Road Gls

This property type is a Non-Landed for Bayshore Road Gls

The plot ratio for Bayshore Road Gls is 4.2

The gross floor area for Bayshore Road Gls is 443,042 sqm

The land size for Bayshore Road Gls is 105,486 sqft

The subtown for Bayshore Road Gls is BAYSHORE

The tenure of Bayshore Road Gls is 99 Years

The region of Bayshore Road Gls is OCR

There are 1 blocks in Bayshore Road Gls development.

Rosemount International School, Nps International School, Middleton International School (Tampines Campus), 5 Steps Academy, Gig International School international schools are near to Bayshore Road Gls

Temasek Junior College, Victoria Junior College, Ite College East, Singapore University Of Technology And Design, Temasek Polytechnic Tertiary & Universities are near to Bayshore Road Gls

Temasek Secondary School, Bedok View Secondary School, Victoria School, Bedok South Secondary School, Anglican High School secondary school(s) is/are near to Bayshore Road Gls

Temasek Primary School, Bedok Green Primary School, Opera Estate Primary School, Fengshan Primary School, Red Swastika School primary school(s) is/are near to Bayshore Road Gls

Bus number(s) 10, 10e, 13, 14, 14A, 14e, 43, 48, 55, 137, 853M is/are near to Bayshore Road Gls

Thomson East Coast Line, East West Line MRTS are near to Bayshore Road Gls

Eccellente By Hao Mart, Hao Mart, Bedok Mall, Djitsun Mall Bedok shopping center(s) is/are near to Bayshore Road Gls

East Coast Lagoon Food Village, Bedok South Road Blk 16, New Upper Changi Road Blk 58, Bedok Food Centre, New Upper Changi Road Blk 208b hawker center(s) is/are near to Bayshore Road Gls

Alphabet Playhouse @ East Coast Pte Ltd, Holy Grace Kindergarten, Rainbow Cove Educational Services Pte. Ltd., Singapore Hokkien Huay Kuan Pre-school, Smartz Playhouse Pte. Ltd. childcare is/are near to Bayshore Road Gls

Clinic@costa, Econ Medicare Centre, Dental Clinic, Dental Clinic, Alda Dental Surgery(Bedok) are near to Bayshore Road Gls

Siglap Cc (U/c), Siglap Cc, Passion Wave @ East Coast (Sea Sports Club), Siglap South Cc, Bedok Cc community centers are near to Bayshore Road Gls

*The information is subject to change and photos/images used are for illustration purposes only.

Vela Bay

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