Vela Bay: price, what is left, and who it suits
129 of 515 units unsold as at 6 September 2026, from $1.47m at $2,591 to $3,249 psf. 99-year leasehold in the Outside Central Region.
Vela Bay is a 515-unit 99-year leasehold condominium in D16 (Bedok / Upper East Coast), in the Outside Central Region. As at 6 September 2026, 129 units are unsold and the project is 75.0% sold. What is left runs from $1,466,000 to $5,735,000, at $2,591 to $3,249 psf.
It is the most expensive of the 2 new launches still selling in D16 on entry psf, against a district median of $2,549.
What is left
Vela Bay units still available
These are the unit types with stock left at Vela Bay, as filed by the developer. The last column is the one to read first — it tells you how much choice you actually have, which the headline count does not.
Balance units and prices as at 6 September 2026. These are the developer's own figures for unsold stock, read from the PropNex register on that date. Availability moves daily — message me for a live count before you commit to anything.
| Unit type | Size, sq ft | From | Left |
|---|---|---|---|
| 1 BEDROOM + STUDY | 484 | $1,466,000 | 6 of 27 |
| 2 BEDROOM | 592 | $1,695,000 | 4 of 84 |
| 2 BEDROOM PREMIUM | 689 | $1,890,000 | 8 of 113 |
| 3 BEDROOM | 883-893 | $2,314,000 | 8 of 87 |
| 3 BEDROOM PREMIUM | 1033 | $2,832,000 | 34 of 88 |
| 4 BEDROOM | 1173 | $3,192,000 | 33 of 62 |
| 4 BEDROOM (PRIVATE LIFT) | 1378 | $3,839,000 | 16 of 26 |
| 5 BEDROOM (PRIVATE LIFT) | 1582 | $4,543,000 | 19 of 26 |
| PENTHOUSE 2 | 1765 | $5,735,000 | 1 of 1 |
34 of the 129 remaining units are 3 bedroom premium, at 1,033 sq ft from $2,832,000. That is the stock this project is really selling right now, whatever the brochure leads with.
The penthouse 2 (1 left, 1,765 sq ft) is down to a single unit. Ask what is actually left before you plan a viewing; at this count the answer changes between the enquiry and the appointment.
Note that 1 type here still shows every unit unsold, which usually means a layout released late or one the market has not taken to. Either is worth asking about.
By layout
Vela Bay price list by layout, as at 6 September 2026
Every layout the developer filed for Vela Bay, with the units built, the units still unsold and the price band against each. This is the closest thing to a published Vela Bay price list that exists, and it is the developer's own figure rather than a portal's estimate.
The range across layouts runs $1,553,000 to $5,136,000 — a factor of 3.3. At that spread the layout you choose decides the budget, and the floor you choose only adjusts it.
Where a band shows a single figure, one unit of that layout is left and that is its price. Where it is wide, the difference is floor level and facing rather than the layout.
| Layout | Unit type | Price | Left |
|---|---|---|---|
| 3BR P(A) | 3 BEDROOM PREMIUM | $3,093,000 | 28 of 29 |
| 4BR (B) | 4 BEDROOM | $3,618,000 | 25 of 30 |
| 5BR PL | 5 BEDROOM (PRIVATE LIFT) | $5,136,000 | 19 of 26 |
| 4BR PL | 4 BEDROOM (PRIVATE LIFT) | $4,362,000 | 16 of 26 |
| 2BR P(B) | 2 BEDROOM PREMIUM | $2,087,000 | 8 of 28 |
| 3BR (A) | 3 BEDROOM | $2,676,000 | 7 of 26 |
| 1BR S(A) | 1 BEDROOM + STUDY | $1,553,000 | 6 of 27 |
| 4BR (A) | 4 BEDROOM | $3,420,000 | 6 of 30 |
Layouts
Vela Bay floor plans — every layout below still has stock
These are the 8 layouts the developer filed for Vela Bay. Each caption carries the developer's own layout code — that is the reference to quote when you ask me about a specific unit.
Prices across these layouts spread widely, so the plan you pick moves the number more than the floor you pick does. Work out the layout first and the stack second.
.jpg)
.jpg)
.jpg)
.jpg)
.jpg)
.jpg)
The site
Vela Bay site plan: where the blocks sit and what faces what
Vela Bay puts 515 units on 112,989 sq ft of land — 45.6 units for every 10,000 sq ft of site. That is dense, which usually means towers rather than spread, shorter distances between facing blocks, and facilities that get busy at the same hours.
The blocks are addressed 1, 3 Bayshore Walk, filed as residential. Find the stack you are being shown on the plan before you visit, then ask what sits on the other side of the boundary — the drawing stops at the fence line, and what matters is often just past it.
The facts
Vela Bay at a glance
| Developer | SingHaiyi Group Pte Ltd |
|---|---|
| Address | 1,3 Bayshore Walk |
| District | D16 - Bedok / Upper East Coast |
| Region | Outside Central Region |
| Tenure | 99 Years |
| Completion | 1H 2029 |
| Site area | 10,497 sqm |
| Total units | 515 |
| Configuration | Residential |
| Units unsold | 129 |
| Price, units left | $1,466,000 – $5,735,000 |
| PSF, units left | $2,591 – $3,249 |
Price
What Vela Bay costs, and how that compares
The unsold units run from $1,466,000 to $5,735,000, at $2,591 to $3,249 psf. Read that as the range of what is left rather than what the project launched at.
Across the 2 new launch projects still selling in D16, the median entry psf is $2,549 and the range runs $2,506 to $2,591. Vela Bay enters at $2,591.
For a wider view, the new launch price list carries the same figures for every project still selling in Singapore.
My read
The honest read on Vela Bay
The stock is not spread evenly. 3BR P(A) (3 bedroom premium) accounts for 28 of the 115 unsold units at $3,093,000, which makes it the layout Vela Bay is really selling right now.
Vela Bay is 75.0% sold with 129 of 515 still available. That is the middle of a sales run, and it is usually the most comfortable place to buy: enough has sold that the market has passed judgement on the pricing, and enough is left that you still get a real choice of stack and floor.
It is also the most expensive entry in D16, at $2,591 psf against a median of $2,549. A premium is only worth paying for something you can point at. Work out what you are paying it for, because tenure is not the answer here.
Completion is 2031, which is a long wait. That suits an investor with somewhere to live and a buyer who wants today's price for a home they need later. It does not suit anyone who needs keys soon, and progressive payments mean you carry the loan through the build.
The psf band is wide — $2,591 to $3,249, a spread of about 25%. That usually means the unsold stock still covers small and large units, or good and poor stacks. Averages are useless here; the specific unit is the whole decision.
With 129 units unsold you have genuine choice, which is rarer than it sounds. Most of what is still selling in the Outside Central Region is down to double digits. Use the choice: compare stacks and floors rather than taking the first unit that fits the budget.
It suits you if
you want a reasonable choice of units without paying the premium the first buyers paid, and the D16 location works for how you actually live.
Skip it if
the D16 location does not work for you. No amount of pricing fixes a commute you will resent, and there are 1 other project selling in this district alone.
Gallery
What Vela Bay is meant to look like
All 5 of these are artist's impressions released by the developer, not photographs. They show the project as drawn rather than as built.
Completion is still years out, which means everything here is a drawing of a decision, not a record of one. Specifications can change before handover. Read the renders for layout and orientation, and take the finishes as a statement of intent.
The developer released some of these without a description, and I have left those uncaptioned rather than invent one.
Common questions
Vela Bay questions, answered plainly
As at 6 September 2026 the unsold units run from $1,466,000 to $5,735,000, at $2,591 to $3,249 psf. That is the range of what is still available, not the range the project launched at — once the cheapest units go, the bottom of the range rises without the developer changing a price.
129 of 515, so the project is 75.0% sold. That figure is from the PropNex register on 6 September 2026 and it moves. Message me for a live count before you commit to anything.
No. 129 units are still unsold as at 6 September 2026.
It is 99-year leasehold. Of the 2 new launches still selling in D16, 1 is freehold or 999-year.
Expected 2031. You buy off a plan and wait, with progressive payments through the build.
District 16, which covers Bedok / Upper East Coast, in the Outside Central Region.
It is the most expensive entry in D16 at $2,591 psf, so you are paying for something specific — make sure you can name it. With 129 of 515 unsold you still have a real choice of unit. The honest answer depends on which unit, and I would rather look at the actual stack with you than answer it in the abstract.
Get the Vela Bay price list
Got it.
I'll send the Vela Bay price list to your WhatsApp shortly.
Prefer to talk now? WhatsApp VionaComparing this against the rest of the market? The new launch price list carries prices and balance units for every project still selling, and new launch vs resale covers whether this is the right market for you at all.