Vela Bay – New Launch Condo at Bayshore, D16

Vela Bay is a new 99-year leasehold condominium situated at 1 Bayshore Walk in District 16 (Bedok / Upper East Coast). Developed by SingHaiyi Group and Chuan Capital, the project comprises 515 units spread across two 31-storey towers, with an expected completion in 2034. Unit types range from one- to five-bedroom layouts, with sizes spanning approximately 484 sq ft for one-bedders up to 1,765 sq ft for five-bedroom configurations. Four-bedroom units range from 1,173 to 1,378 sq ft, and three-bedroom units from 883 to 1,033 sq ft. The development is located within the emerging Bayshore waterfront precinct along Singapore's eastern coastline, forming part of the country's long-term coastal transformation plans. Bayshore MRT Station (TE29) on the Thomson-East Coast Line is approximately 100 m away, providing direct rail access to Orchard, Marina Bay, Gardens by the Bay, and Woodlands. Bedok South MRT Station (TE30) is also nearby. Major expressways including the East Coast Parkway (ECP) and Pan Island Expressway (PIE) are easily accessible for drivers. East Coast Park is in close proximity, offering cycling paths, jogging routes, beaches, and open recreational spaces. Several schools are nearby, including Temasek Primary School (approximately 1 km away). Dining options in the area include local seafood restaurants and casual cafes. Healthcare facilities such as Tanamera Clinic and Famicare Bedok Clinic are within the surrounding neighbourhood. Supermarkets including FairPrice – New Upper Changi are also accessible. Planned facilities within the development include an infinity pool, lap pool, jacuzzi, gymnasium, clubhouse, co-working space, children's playground, BBQ pavilion, function room, garden terrace, fitness stations, changing rooms, basement car park, bicycle parking, and 24-hour security. Prices range from approximately S$1.2M to S$5.8M.