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Property Project Intelligence

VELA BAY

BAYSHORE WALK
District 16TOP 202999 yrs lease commencing from 2025515 UnitsOCR
50 mBAYSHORE MRT STATION
$2.11MMedian transacted price
386Transactions in latest 12 months
501–780 sqftMost popular unit size

VELA BAY Market Snapshot

▼ -20.6%
From 12-Month High
Peak: Aug 2026Based on latest 12 months
▲ +61.7%
From 12-Month Low
Low: May 2026Based on latest 12 months
▲ +79.3%
Vs District Median PSF
Above District 16 medianBased on latest 12 months
▲ +84.5%
Vs OCR Median PSF
Above OCR medianBased on latest 12 months
75.0%
12M Turnover Rate
386 sales / 515 units
Latest 12-month sales
386
Up to latest imported transaction
Median transacted price
$2.11M
Latest 12 months
Median PSF
$2,865
Latest 12 months
Typical recorded price range
$1.72M – $3M
20th to 80th percentile
Latest transacted price
$4.11M
1,378 sqft · 1 Sep 2026

Historical transaction information is presented for market research and does not constitute a valuation or investment recommendation.

Data Source: Urban Redevelopment Authority (URA)•Data up to: October 2026•Last updated: 12 Oct 2026

VELA BAY Location & Nearby Amenities

Explore VELA BAY and nearby amenities. Distances shown are straight-line estimates from the property.

VELA BAY Nearby Amenities

Closest amenities from VELA BAY. Distances are straight-line estimates.

MRT / LRT

  • BAYSHORE MRT STATION50 mTE29Thomson-East Coast Line
  • BEDOK SOUTH MRT STATION1.0 kmTE30Thomson-East Coast Line
  • SIGLAP MRT STATION1.3 kmTE28Thomson-East Coast Line

Bus Interchanges

  • Bedok Bus Interchange1.9 kmBedok Nth Dr

Shopping Malls

  • Bedok Mall1.9 kmNew Upper Changi Road
  • Djitsun Mall Bedok2.0 kmBedok North Street 1

Primary Schools

  • TEMASEK PRIMARY SCHOOL740 mBEDOK SOUTH AVENUE 3
  • BEDOK GREEN PRIMARY SCHOOL1.3 kmBEDOK SOUTH AVENUE 2

Secondary Schools

  • TEMASEK SECONDARY SCHOOL790 mUPPER EAST COAST ROAD
  • BEDOK VIEW SECONDARY SCHOOL1.3 kmBEDOK SOUTH AVENUE 3
  • VICTORIA SCHOOL1.5 kmSIGLAP LINK
  • BEDOK SOUTH SECONDARY SCHOOL1.8 kmJALAN LANGGAR BEDOK

Post-Secondary

  • TEMASEK JUNIOR COLLEGE920 mBEDOK SOUTH ROAD
  • VICTORIA JUNIOR COLLEGE2.5 kmMARINE VISTA
  • ITE COLLEGE EAST2.9 kmSIMEI AVENUE

MOE Kindergartens

  • MOE KINDERGARTEN @ TEMASEK740 mBEDOK SOUTH AVENUE 3

Childcare Centres

  • MULBERRY LEARNING CENTRE @ EAST COAST PTE. LTD.200 mUPPER EAST COAST ROAD
  • HOLY GRACE KINDERCARE270 mUPPER EAST COAST ROAD
  • Oxford Explorers @ Sennett Pte Ltd580 mSENNETT LANE
  • Mulberry Learning @ Lucky Heights600 mLUCKY HEIGHTS

Infant Care Centres

  • PCF Sparkletots Preschool @ Bedok Blk 152B (EY)920 mBEDOK SOUTH ROAD
  • PCF SPARKLETOTS PRESCHOOL @ KAMPONG CHAI CHEE BLK 409 (EY)2.0 kmBEDOK NORTH AVENUE 2

Kindergartens

  • Singapore Hokkien Huay Kuan Preschool480 mSENNETT ROAD
  • Kampung Siglap Mosque Kindergarten1.6 kmMARINE PARADE ROAD
  • My Prep School Pte. Ltd.1.9 kmSIGLAP ROAD
  • Bedok Methodist Preschool1.9 kmBEDOK ROAD

Hawker Centres

  • East Coast Lagoon Food Village930 mEast Coast Parkway
  • Bedok South Road Blk 161.1 kmBedok South Road
  • New Upper Changi Road Blk 581.3 kmNew Upper Changi Road

Supermarkets

  • Sheng Siong790 m
  • ACE Fresh supermarket1.2 km
  • FairPrice1.3 km
  • Sheng Siong1.8 kmNew Upper Changi Road

Hospitals

  • CHANGI GENERAL HOSPITAL3.3 kmSIMEI STREET 3
  • ST. ANDREW'S COMMUNITY HOSPITAL3.4 kmSIMEI STREET 3

Polyclinics

  • Bedok Polyclinic1.9 kmBedok North Street 1

Parks

  • EAST COAST PARK AREA F390 m
  • SENNETT AVE OS730 m
  • SENNETT AVE PG750 m

Libraries

  • Bedok Library1.9 kmBedok North Street 1
  • Marine Parade Library3.6 kmMarine Parade Road

Community Clubs

  • Siglap CC (U/C)810 mBedok South Road
  • Siglap CC1.0 kmBedok South Avenue 3

Sport Facilities

  • Bedok Stadium1.5 kmBedok North Street 2
  • ActiveSG Sport Park @ Bedok North1.6 kmBedok North Street 2
  • Heartbeat@Bedok ActiveSG Sport Centre1.9 kmBedok North Street 1

VELA BAY Market Position & Nearby Transactions

How VELA BAY compares with District 16 projects and transactions recorded within 1 km over the latest 12 months.

Project Median PSF$2,865386 project sales
District 16 Median PSF$1,598Median across district projects with recorded sales
Difference vs District+79.3%Above district median
Transactions Within 1 km115Recorded in the latest 12 months

Position Within District 16

VELA BAY is more affordable than 1% of District 16 projects with recorded sales.
Lower PSFDistrict medianHigher PSF
99of 100 District 16 projects with recorded sales
District reference range$1,128 – $2,286 psf

Comparable Condos Within 1 km

Up to 20 nearest eligible condominium and EC projects. PSF (M) means median PSF for the latest 12 months.

20 projects
ProjectDistanceTOP / AgeUnits12M SalesPSF (M)
THE BAYSHORE283 m199927 yrs old—50$1,384
THE SUMMIT288 m——4$2,004
BAGNALL COURT292 m199135 yrs old—0—
CAMELODGE292 m199630 yrs old—0—
CRESCENDO BUILDING292 m——0—
GOODWILL COURT292 m——0—
SIGLAP LODGE292 m198442 yrs old—0—
SUITES @ EASTCOAST292 m201412 yrs old1163$1,150
UBER 388292 m201412 yrs old954$1,844
EAST COAST RESIDENCES301 m201016 yrs old590—
VENEZIO307 m200719 yrs old—1$1,699
BALCON EAST320 m201214 yrs old370—
COSTA DEL SOL327 m200323 yrs old—28$1,975
THE BAYCOURT341 m199432 yrs old—3$1,627
SEA PAVILION RESIDENCES352 m——1$2,175
VILLAS LAGUNA353 m199333 yrs old—2$1,639
THE CALYPSO360 m200620 yrs old—0—
THE TROPIC GARDENS403 m199531 yrs old—0—
LUCKY COURT434 m199036 yrs old—1$1,681
BAYSHORE PARK444 m198640 yrs old—18$1,279

Nearby Transactions by Unit Size

Transactions from eligible condominium and EC projects within 1 km during the latest 12 months.

<500 sqft Nearby Average Price Trend

<500 sqft Nearby Transaction Volume

<500 sqft Monthly Summary
MonthSalesPrice (A)MinMaxPSF (A)
2026-031$960K$960K$960K$2,175
<500 sqft Nearby Condo Summary
CondoTypeUnitsSalesPrice (A)PSF (A)
SEA PAVILION RESIDENCESApt—1$960K$2,175

500–780 sqft Nearby Average Price Trend

500–780 sqft Nearby Transaction Volume

500–780 sqft Monthly Summary
MonthSalesPrice (A)MinMaxPSF (A)
2026-071$1.11M$1.11M$1.11M$1,872
500–780 sqft Nearby Condo Summary
CondoTypeUnitsSalesPrice (A)PSF (A)
UBER 388Condo951$1.11M$1,872

781–1,000 sqft Nearby Average Price Trend

781–1,000 sqft Nearby Transaction Volume

781–1,000 sqft Monthly Summary
MonthSalesPrice (A)MinMaxPSF (A)
2026-096$1.25M$1.11M$1.43M$1,321
2026-082$1.18M$1.08M$1.28M$1,230
2026-077$1.27M$1.05M$1.43M$1,343
2026-062$1.17M$1.08M$1.26M$1,257
2026-055$1.47M$1.25M$1.7M$1,598
2026-045$1.28M$1.12M$1.47M$1,349
2026-033$1.27M$1.18M$1.37M$1,335
2026-023$1.43M$1.27M$1.7M$1,495
2026-012$1.21M$1.17M$1.25M$1,285
2025-125$1.34M$1.18M$1.68M$1,428
2025-111$1.18M$1.18M$1.18M$1,246
2025-106$1.42M$1.28M$1.65M$1,534
781–1,000 sqft Nearby Condo Summary
CondoTypeUnitsSalesPrice (A)PSF (A)
THE BAYSHORECondo—27$1.3M$1,369
BAYSHORE PARKCondo—14$1.19M$1,265
COSTA DEL SOLCondo—2$1.69M$1,785
UBER 388Condo952$1.64M$1,860
EAST COAST RESIDENCESApt591$1.65M$1,762
THE SUMMITCondo—1$1.66M$1,981

1,001–1,200 sqft Nearby Average Price Trend

1,001–1,200 sqft Nearby Transaction Volume

1,001–1,200 sqft Monthly Summary
MonthSalesPrice (A)MinMaxPSF (A)
2026-092$1.72M$1.41M$2.03M$1,474
2026-083$1.41M$1.31M$1.61M$1,271
2026-072$1.5M$1.25M$1.75M$1,362
2026-031$1.33M$1.33M$1.33M$1,310
2026-022$1.64M$1.58M$1.7M$1,385
2026-012$1.48M$1.27M$1.7M$1,345
2025-121$1.65M$1.65M$1.65M$1,392
2025-111$1.4M$1.4M$1.4M$1,387
2025-103$1.62M$1.39M$1.78M$1,439
1,001–1,200 sqft Nearby Condo Summary
CondoTypeUnitsSalesPrice (A)PSF (A)
THE BAYSHORECondo—12$1.5M$1,364
BAYSHORE PARKCondo—2$1.69M$1,444
SUITES @ EASTCOASTCondo1162$1.37M$1,199
VENEZIOApt—1$2.03M$1,699

1,201–1,500 sqft Nearby Average Price Trend

1,201–1,500 sqft Nearby Transaction Volume

1,201–1,500 sqft Monthly Summary
MonthSalesPrice (A)MinMaxPSF (A)
2026-091$1.66M$1.66M$1.66M$1,341
2026-087$2.17M$1.74M$2.71M$1,680
2026-073$2.74M$2.48M$2.87M$1,922
2026-065$2.26M$1.87M$2.58M$1,676
2026-055$2.38M$1.66M$2.8M$1,771
2026-043$2.27M$1.65M$2.63M$1,767
2026-036$2.16M$1.6M$2.92M$1,608
2026-024$2.21M$1.86M$2.67M$1,645
2026-015$2.35M$1.68M$2.92M$1,756
2025-121$2.97M$2.97M$2.97M$2,013
2025-115$2.33M$1.75M$2.88M$1,751
2025-103$2.17M$1.81M$2.35M$1,624
1,201–1,500 sqft Nearby Condo Summary
CondoTypeUnitsSalesPrice (A)PSF (A)
COSTA DEL SOLCondo—22$2.65M$1,971
THE BAYSHORECondo—17$1.85M$1,401
BAYSHORE PARKCondo—3$1.69M$1,306
THE SUMMITCondo—3$2.58M$1,963
LUCKY COURTApt—1$2.19M$1,681
UBER 388Condo951$2.38M$1,714
VILLAS LAGUNACondo—1$2.51M$1,678

1,501–2,000 sqft Nearby Average Price Trend

1,501–2,000 sqft Nearby Transaction Volume

1,501–2,000 sqft Monthly Summary
MonthSalesPrice (A)MinMaxPSF (A)
2026-092$2.58M$2.5M$2.67M$1,570
2026-082$2.69M$2.5M$2.88M$1,722
2026-061$3.35M$3.35M$3.35M$1,909
2026-032$2.75M$2.68M$2.81M$1,739
2026-022$3.21M$3.12M$3.29M$2,054
2025-122$2.26M$1.91M$2.6M$1,319
2025-111$2.6M$2.6M$2.6M$1,482
2025-101$2.65M$2.65M$2.65M$1,568
1,501–2,000 sqft Nearby Condo Summary
CondoTypeUnitsSalesPrice (A)PSF (A)
COSTA DEL SOLCondo—6$2.96M$1,809
THE BAYCOURTCondo—4$2.65M$1,599
SUITES @ EASTCOASTCondo1161$1.91M$1,069
UBER 388Condo951$2.81M$1,851
VILLAS LAGUNACondo—1$2.5M$1,599

>3,000 sqft Nearby Average Price Trend

>3,000 sqft Nearby Transaction Volume

>3,000 sqft Monthly Summary
MonthSalesPrice (A)MinMaxPSF (A)
2026-011$4.28M$4.28M$4.28M$1,125
>3,000 sqft Nearby Condo Summary
CondoTypeUnitsSalesPrice (A)PSF (A)
BAYSHORE PARKCondo—1$4.28M$1,125
i

Market Interpretation

VELA BAY recorded 386 transactions during the latest 12 months, providing a more useful recent basis for comparison.

Its median PSF is approximately 79.3% above the District 16 project median, indicating a premium relative to the wider district market.

Within 1 km, 20 nearby condominiums were identified; 11 recorded at least one sale during the same period. These projects provide additional context where the subject development has limited recent activity.

This is a rules-based interpretation of recorded transactions and nearby project data, not a formal valuation.

VELA BAY Project Details

Developer
SingHaiyi Group Pte Ltd
Property type
Condominium
District
District 16 - Bedok / Siglap / Upper East Coast
Market segment
Outside Central Region
Tenure
99 yrs lease commencing from 2025
TOP
2029
Total units
515

About VELA BAY

VELA BAY is a condominium in Singapore District 16, completed in 2029 with 99 yrs lease commencing from 2025. It recorded 386 transactions during the latest 12-month period in the database, with a median transacted price of $2.11M and a median of $2,865 psf. The most frequently transacted size range is 501–780 sqft, representing 47.9% of transactions with recorded floor area. BAYSHORE MRT STATION is approximately 50 m away by straight-line distance. 1 primary school is located within a 1 km straight-line radius.

Get Property Advice

Disclaimer: The information, charts, statistics, distances and other data shown on this page are derived from publicly available sources, including Urban Redevelopment Authority (URA) transaction records, and are provided for general informational purposes only. While reasonable efforts are made to keep the information accurate and up to date, the data may contain errors, omissions, delays or inaccuracies. All figures, calculations, trends, market insights and distance measurements are estimates only and should not be relied upon for contractual, legal, financial, investment, valuation, planning or other official purposes. Distance information is approximate and should not be used for actual access, eligibility, proximity, planning or assessment purposes. Users should independently verify all information with the relevant authorities, official records or other appropriate sources before making any decision or entering into any agreement.

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