Question 1

How much is the Vela Bay land cost?

Accepted Answer

The highest bid for Vela Bay was an en bloc site sold at S$658.89 million. This translates to a land cost of approximately S$1388 per square foot per plot ratio (psf ppr).

Question 2

What is the land size of Vela Bay?

Accepted Answer

The land size of Vela Bay is 105,486 square feet (9,799.98 sqm).

Question 3

What is the tenure of Vela Bay?

Accepted Answer

Vela Bay is a 99-year condominium at Bayshore Road, Upper East Coast in District 16.

Question 4

How many units are there in Vela Bay?

Accepted Answer

Vela Bay will likely feature about 515 luxurious residential units ranging from 1 to 5 bedrooms.

Question 5

Where should I find Vela Bay floor plans?

Accepted Answer

The floor plans of Vela Bay can be found in the Floor Plans Page when it is ready. A PDF version is also available for download.

Question 6

Who is the developer of Vela Bay?

Accepted Answer

Vela Bay is developed by Singhaiyi Group.

Question 7

What is the price of Vela Bay?

Accepted Answer

The starting from price of Vela Bay is TBA. Contact us to be kept informed of the pricing upon release.

Question 8

Is Vela Bay worth buying?

Accepted Answer

Vela Bay is worth considering for purchase. Its 99-year leasehold in the East Coast Bayshore precinct benefits from a rare, sizeable site and a strong developer in SingHaiyi Group. With around 515 units offering a broad mix from 1 to 5 bedrooms, it caters to families, investors and upgraders alike. The condo’s proximity to Bayshore MRT (Thomson-East Coast Line) ensures seamless connectivity to the CBD and beyond, while nearby East Coast Park, malls and schools add everyday convenience. Given limited new launches in this East Coast location, solid transport links and lifestyle appeal, Vela Bay presents compelling living and long-term value potential.

Question 9

Where is the showflat of Vela Bay?

Accepted Answer

Vela Bay Condo’s showflat is not on the actual site. Please book an appointment in advance before heading over.

Question 10

When is the TOP Date of Vela Bay?

Accepted Answer

The estimated TOP Date of Vela Bay is December 2030.

Question 11

When is the Launch Date of Vela Bay?

Accepted Answer

Vela Bay is set to launch on Q2 2026.

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