Studio, Vela Bay Condo: Waterfront Living At Bayshore MRT

Vela Bay is the first private condominium in Singapore’s Bayshore masterplan (District 16), developed by SingHaiyi Group. This 99-year leasehold project offers 515 units in a 31-storey tower, with launch targeted for Q2 2026 at S$2,700–S$2,850 psf and TOP in 2030.

Its prime location sets it apart: directly opposite East Coast Park and just 1–2 minutes’ walk from Bayshore MRT (TE29). Commuters reach Marine Parade in 3 stops, Orchard in 7 stops, Changi Airport seamlessly, and enjoy direct access to ECP, PIE and AYE expressways.

Daily conveniences are excellent — Parkway Parade and Bedok Mall for shopping, East Coast Lagoon Food Village for hawker fare, and Changi General Hospital nearby. Families love the school catchment: Temasek Primary School (<1 km), Victoria School, CHIJ Katong, and Temasek Junior College.

Facilities are resort-style: 50 m lap pool, jacuzzi, tennis/basketball courts, gym, sky gardens, BBQ pavilions and full smart-home features. Unit prices start at S$1.35 M (1-bed) up to S$3.8 M+ (4-bed/penthouses), with projected gross yields of 4.0–4.4 %.

As the precinct’s pioneer, Vela Bay benefits from strong BTO upgrader demand and future Bayshore transformation. Premium pricing requires careful entry, but it delivers the rare combination of waterfront living, MRT-doorstep connectivity and top schools, making it one of the strongest East Coast launches in 2026 for families and investors alike.

https://velabaycondo.sg/
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