| Project Name | Vela Bay |
| Location | Bayshore Road |
| District | 16 |
| Developer | SingHaiYi Group |
| Tenure | 99 Years Leasehold |
| No. Of Storeys | 2 blocks 31 stories |
| Total Units | 515 |
| Site Area | Approx. 112,992 Sqft |
| Expected TOP | 2030 |
| Expected Date Of Legal Completion | TBA |
Vela Bay at Bayshore Road by SingHaiyi Group is the highly anticipated 99-year leasehold luxury condominium development rising at Bayshore Walk / Bayshore Road (District 16), directly linked to the upcoming Bayshore MRT Station on the Thomson-East Coast Line (TEL). Developed by SingHaiyi Group, the project delivers approximately 515 elegantly designed units across two 31-storey residential blocks on a 112,992 sq ft site, targeting completion around 2030.
This seaside-inspired residence offers rare direct MRT access, immediate proximity to East Coast Park, panoramic sea views for select stacks, resort-style facilities including a 50m lap pool, and strong capital appreciation potential in one of Singapore’s most transformed coastal precincts under the URA Master Plan. It appeals to families, professionals, expatriates, and investors seeking East Coast lifestyle with exceptional connectivity to CBD, Orchard, Changi Airport, and major expressways (ECP, PIE, KPE).
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