Vela Bay

D16OCREastBedok

User Score

User ratings for this property

N.A.

Vela Bay is an apartment located along Bayshore Walk within District 16 with a 99-year lease commencing on 25 June 2025. It was developed by Bayshore Walk Pte. Ltd. and has 515 units in total. So far it has been transacted a total of 372 times, amounting to $878.3M+ in total.

< 1km

MRT Station

< 10y

Property Age

Near

$1M+ HDB

> 1K

MOPs in Town

50+

Deals Past Yr

Mega

Development

100%

Profitable

Top 20

Schools

Project Facts

Street

Bayshore Walk

Developer

Bayshore Walk Pte. Ltd.

Property Type

Apartment

Completion

Uncompleted

Total Units

515

Plot Ratio

4.2

Unit Size

484 - 1,765 sqft

Tenure

99 yrs leasehold, 99 yrs from 25/06/2025

Lease Remaining

98 yrs

Postal Sector

GLS Site

Land Use

Residential (Non-Landed)

Development Type

Residential

Site Area

10497.30

Plot Ratio

4.20

Permissible GFA

44089.00

GLS Launch

26-11-2024

Tender Closed

18-03-2025

Awarded

28-03-2025

Awarded To

Sing-Haiyi Garnet Pte. Ltd.

Bids

Winning Tender

658888998.00

Land Rate (GFA)

14944.52

Land Rate (ppr)

1388.39

Max GFA (Est.)

44089.00

Estimated Units

515

Nearby Stations

Bayshore44 m MRTTE29
Bedok South1,000 m MRTTE30

See details on nearby stations

Transaction

72%

Sold At Launch

HDB Buyers

$878.3M+

Total Transacted

24-04-2026

First Transacted

05-06-2026

Last Transacted

372

Total Transactions

Transaction Volume

New SaleSub SaleResale

N.A.

% Profitable

N.A.

Profitable

N.A.

Unprofitable

N.A.

> 6% Annualized

N.A.

Avg Holding

N.A.

Total Profits

View full details

Rental

Past 1 month

$N.A.

Avg PSF Rental

No. of Rentals

N.A.

Est. Rental Yield

View full details

Unit Distribution

Type	Units	%	Size
1 BR + Study	27	5.20%	484 sqft
2 BR	84	16.30%	592 sqft
2 BR Premium	113	21.90%	678 - 689 sqft
3 BR	87	16.90%	883 - 893 sqft
3 BR Premium	88	17.10%	1,033 sqft
4 BR	62	12.00%	1,173 sqft
4 BR (Private Lift)	26	5.10%	1,378 sqft
5 BR (Private Lift)	26	5.10%	1,582 sqft
Penthouse	2	0.40%	1,765 sqft