BAYSHORE · DISTRICT 16 · SINGAPORE
515 residences. 70% sea-facing. Covered walkway to Bayshore MRT.
Preview: 11 April 2026. By appointment only.
🔒 Direct developer pricing · No agency fees · Unbiased advisory
About the Development
The Bayshore Story
For more than 26 years, the Bayshore coastline lay dormant — a stretch of prime waterfront land on Singapore's East Coast, sleeping through the transformation happening all around it. Then, in 2024, the government unveiled a vision that stunned the property market: a 60-hectare Bayshore precinct, master-planned as Singapore's next great waterfront neighbourhood, anchored by the Thomson-East Coast Line's newest station.
Vela Bay is the maiden voyage — the very first private residential launch to break ground in this untouched precinct. Eight competing developers fought for the privilege, with SingHaiyi and Chuan Investments ultimately prevailing with a landmark bid of SGD 658.89M. That competition itself signals one of the strongest votes of developer confidence seen in Singapore's recent land history.
With two 31-storey towers rising above Bayshore Road, 70% of all 515 residences gazing out over open sea, and a covered walkway connecting directly to Bayshore MRT, Vela Bay offers something increasingly rare in mature Singapore: the chance to enter a brand-new neighbourhood at its very beginning — before the infrastructure is built, before the second launches arrive, and before prices reflect the precinct's full potential.
Images are for illustration purposes only.
Why Act Now
Vela Bay is the very first private launch in the 60-ha Bayshore precinct. Early buyers in brand-new precincts historically enjoy the strongest capital appreciation as infrastructure matures and subsequent launches benchmark against the pioneer.
A covered walkway connects Vela Bay directly to Bayshore MRT (TE29) on the Thomson-East Coast Line — no more depending on the bus or car. Changi Airport is just 5 stops away; Marina Bay Sands Bayfront is 9 stops.
When 8 developers compete for a single site — and the winner bids SGD 658.89M at $1,388 psf ppr — that's the market speaking clearly. Developer confidence at this level is a powerful leading indicator of future price trajectory.
No new private launches have been permitted in Bayshore for 26 years. Pent-up buyer demand has built for decades. Vela Bay's 515 units represent a constrained supply against a catchment of buyers hungry for a sea-facing East Coast address.
The Long Island reclamation project — Singapore's largest infrastructure initiative — will further extend the coastline east of Bayshore, eventually creating a 2,000-ha island connected by new parks, waterways, and transport links that will serve as Vela Bay's backyard.
Get honest, unbiased analysis from Annabeth — a CEA-licensed consultant with deep knowledge of District 16 and the East Coast corridor. No pressure. No obligation.
Whatsapp Our Sales Director Now
Images are for illustration purposes only.
Residences
Indicative pricing as of launch preview. Actual prices confirmed on balloting day. Contact Annabeth for the latest availability.
1 Bedroom
From SGD 1.4M
Thoughtfully designed compact homes ideal for singles, young professionals, and investors seeking strong rental yield from the East Coast MRT corridor.
Enquire on 1BR →2 Bedroom
From SGD 2.2M
The most popular choice for young couples and small families — spacious enough to grow into, yet perfect as a sea-facing pied-à-terre.
Enquire on 2BR →3 Bedroom
From SGD 2.8M
Generous living spaces for growing families. Multiple layout options with direct sea views and access to full tower facilities. Within 1km of Temasek Primary School.
Enquire on 3BR →4 Bedroom
Price on Request
Expansive family residences offering generous living and dining spaces, dedicated study rooms, and sweeping panoramic views across the Singapore Strait.
Enquire on 4BR →5 Bedroom
Price on Request
Ultra-spacious luxury residences for multi-generational living. Commanding views, premium finishes, and the privacy befitting Singapore's most exclusive new address.
Enquire on 5BR →Penthouse
SGD 5M+
A rare collection at the pinnacle of each tower. Full-floor or sky terrace configurations. Unobstructed 270° sea views. Private enquiries welcomed.
Private Penthouse Enquiry →ARTIST'S IMPRESSION
Artist's Impression — Images are for illustration purposes only. Actual appearance may vary.
Floor Plans
Get exclusive access to all unit configurations, stacking plans, and facing directions. Sent directly via WhatsApp — no forms, no delays.
Whatsapp Our Sales Director NowIncludes: 1BR – 5BR layouts · Penthouse configurations · Stacking chart · Unit size guide
Location & Connectivity
| Destination | Stops | Stops Badge |
|---|---|---|
| Changi Airport | Thomson-East Coast Line (TEL) | 5 stops |
| Marine Parade | Thomson-East Coast Line (TEL) | 3 stops |
| Gardens by the Bay | TEL + transfer | 7 stops |
| Bayfront (MBS) | TEL + transfer | 9 stops |
| Raffles Place (CBD) | TEL + transfer | 9 stops |
* Bayshore MRT (TE29) — covered walkway from Vela Bay
Investment Thesis
Four converging macro-drivers position Vela Bay as one of the strongest capital appreciation stories in Singapore's 2026 new launch pipeline.
History shows that Singapore's master-planned precincts — Punggol, Jurong Lake District, one-north — deliver sustained appreciation as infrastructure builds out. Bayshore is at Day Zero. The runway for capital growth mirrors what early buyers in those precincts experienced in their first decade.
Research consistently shows that MRT proximity adds 5–15% to residential values in Singapore, with direct connectivity (covered walkway) commanding the highest premium. Vela Bay's permanent, covered link to Bayshore MRT is a structural pricing advantage that never depreciates.
70% of units are sea-facing — a rarity that commands premium rents and resale prices. Singapore has precious few sea-view addresses east of the CBD. The Long Island reclamation will eventually create an additional nature corridor, not obstruct views, enhancing long-term environmental value.
Singapore's continued investment in Changi Airport Terminal 5 and the broader Changi City expansion means growing demand from aviation professionals, Changi Business Park executives, and expatriates who value proximity. Vela Bay sits squarely in this catchment at 5 MRT stops from the airport.
The winning land bid — out of 8 competing developers. Estimated developer breakeven: ~$2,528 psf. Market analysts estimate Vela Bay's launch pricing to start from $2,700 psf, averaging above $2,800 psf. The comparable Tanjong Rhu GLS (won at $1,455 psf ppr) is expected to launch at $2,900–3,100 psf — underscoring Vela Bay's relative value from a lower land cost base.
The Developer
Vela Bay is a joint development by two SGX Mainboard-listed entities with a combined track record spanning some of Singapore's most celebrated new launches.
One of Singapore's most active residential developers, SingHaiyi has built a reputation for delivering high-quality residences on time and to specification. With roots stretching from Singapore to the US, the group brings international design sensibility to local developments.
SingHaiyi's Singapore portfolio spans mass market to luxury segments, consistently achieving top-decile buyer satisfaction ratings at handover.
A strategic investment and property development company with strong governance and financial standing as a listed entity. Chuan brings disciplined capital deployment and a long-term ownership perspective to every project it backs — a rare combination in an industry where short-term thinking is common.
The partnership between SingHaiyi and Chuan for Vela Bay reflects a shared conviction in Bayshore's long-term trajectory, underscored by their willingness to bid the highest price in a competitive tender.
Stamp Duty Calculator
Estimate your stamp duties and monthly mortgage. Based on current Singapore IRAS rates. For indicative purposes only.
This calculator is indicative only. Consult Annabeth for a full financial analysis.
Find Your Fit
Looking for a forever home or upgrading to a sea-facing address with excellent school access and MRT connectivity.
Seeking capital appreciation and rental yield from Singapore's newest precinct with strong developer backing.
Want a high-quality home that also delivers strong long-term asset value and flexibility to rent out in the future.
Frequently Asked Questions
Act Now
Priority previews by invitation only. Register with Annabeth for 11 April 2026.
Direct developer pricing · CEA Licensed (R000248E) · No fees, no obligations
The price list drops on preview day, 11 April 2026. WhatsApp Annabeth now to be the first to receive it — along with the full floor plan pack and priority balloting access.
Send Me the Price List First →No fees. No obligation. Direct developer pricing guaranteed.
What Buyers Are Saying
Priority unit selection is based on registration order. Register now to secure your position before preview day.
"Annabeth explained the entire investment case clearly — no pressure, just facts. The comparison with Grand Dunman's price trajectory was eye-opening. Registered immediately after our first chat."
"As a PR, I was worried about the ABSD impact. Annabeth walked me through exactly what I'd need to pay and whether it still made sense. Honest advice you just don't get from the developer's team."
"We have two kids in the 1km Temasek Primary catchment. Vela Bay ticks every box — school, sea view, MRT walkway, and the right developer pedigree. Annabeth secured us a priority slot without us even realising how fast they were filling."