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Vela Bay Bayshore Road Singapore New Launch Review 2026
Vela Bay is a 515-unit 99-year leasehold new launch at Bayshore Road, D16 OCR, by SingHaiyi Group & Chuan Investments. Near Bayshore MRT (TEL) and East Coast Park beachfront. Preview 11 April 2026, Booking 25 April 2026.
Singapore’s East Coast corridor is witnessing a renaissance driven by the Thomson-East Coast Line (TEL), and Vela Bay at Bayshore Road is positioned squarely at this transformation. With 515 units developed by the reputable SingHaiyi Group and Chuan Investments, Vela Bay brings a vibrant new chapter to the beloved Bayshore-East Coast Park precinct.
WhatsApp Alvin Tan (CEA Reg. No. R072324C) for exclusive pricing, available units & showflat appointments.
Table of Contents
Development Overview
| Project Name | Vela Bay |
| Developer | SingHaiyi Group & Chuan Investments |
| Tenure | 99-year leasehold |
| Location | Bayshore Road, District 16 (OCR) |
| Total Units | 515 units |
| MRT | Bayshore MRT (TEL) — upcoming |
| Target Preview | 11 April 2026 |
| Target Booking | 25 April 2026 |
Bayshore Road: East Coast Park’s Private Residential Gateway
Bayshore Road runs parallel to East Coast Park — Singapore’s most beloved recreational park with 15km of beachfront, cycling trails, water sports facilities, and Singapore’s highest concentration of outdoor F&B. Residents of Bayshore developments enjoy a lifestyle that most Singaporeans drive to experience on weekends, while Vela Bay residents simply walk out their door.
The precinct has historically been car-dependent. That changed fundamentally with the TEL. The Bayshore MRT station on TEL Phase 3 brings direct rail access to Marina Bay (15 min), Orchard (25 min), and Woodlands (50 min) — without transfers.
Bayshore Road combines: (1) East Coast Park beachfront walking distance — cycling, beach, water sports on your doorstep, (2) Bayshore MRT (TEL) for direct CBD access, (3) D16 East Coast community lifestyle, (4) Competitive OCR pricing vs D15 East Coast, (5) Strong expat rental demand from nearby international schools and Changi Business Park.
TEL Connectivity Impact on Bayshore
The TEL’s Phase 3/4 extension to Bayshore and beyond to Changi will make Bayshore one of Singapore’s most transit-connected beachside addresses:
- Marina Bay Sands/CBD: ~4-5 stops direct
- Tanjong Katong (D15): 2 stops — access to Katong lifestyle and Tanjong Katong MRT interchange area
- Future Changi Airport extension: TEL Phase 4 will connect directly to Changi, making Bayshore a natural choice for aviation professionals
East Coast Park Lifestyle Premium
Living at Vela Bay means immediate access to:
- East Coast Park cycling and jogging trails (15km continuous path)
- East Coast Lagoon Food Village — hawker dining legend
- Water sports: kayaking, wakeboarding, skiing, jet skiing at OCBC Aquatic Centre
- Golf at Tanah Merah Country Club and Laguna National
- Big Box, IKEA, Giant Hypermarket at Tampines/Bedok — 10 min drive
Investment Analysis 2026
Vela Bay’s investment case: TEL uplift on property values (Bayshore pre-TEL was priced at a MRT-access discount), East Coast Park lifestyle premium, SingHaiyi developer quality, and competitive D16 OCR entry pricing. Rental demand is strong from Changi Business Park professionals, expat families near Australian International School and Stamford American, and East Coast lifestyle seekers.
Comparable D16/D15 New Launch Pricing
- Grand Dunman (D15, 99LH): ~$2,507 psf launch
- Tembusu Grand (D15, 99LH): ~$2,465 psf launch
- The Continuum (D15, FH): ~$2,700 psf launch
- Vela Bay (D16, 99LH): Expected competitive OCR pricing — potentially $2,000-$2,400 psf range
D16’s OCR classification means buyers benefit from lower ABSD exposure considerations (same zone as HDB upgrader market) and generally lower entry quantum than D15 RCR/CCR.
WhatsApp Alvin Tan (CEA Reg. No. R072324C) for exclusive pricing, available units & showflat appointments.
Frequently Asked Questions
What is the difference between Vela Bay and The Continuum?
Vela Bay is at Bayshore Road (D16 OCR, 515 units, 99LH) with beachfront access; The Continuum is at Thiam Siew Avenue (D15 OCR-adjacent, 816 units, Freehold). The Continuum commands a freehold premium; Vela Bay offers closer East Coast Park proximity and Bayshore MRT access. Different location micromarkets; both serve D15/D16 lifestyle buyers.
Is Bayshore Road in District 15 or 16?
Bayshore Road is in District 16 (OCR), not District 15. While neighbouring, D16 pricing is generally 10-15% lower than D15 RCR equivalent projects — offering better value entry for buyers seeking the East Coast lifestyle.
What HDB estates are near Vela Bay?
Vela Bay is near Bedok HDB estates — one of Singapore’s most established and populous HDB towns with over 80,000 residents. This creates a large pool of HDB upgraders who represent the primary demand for OCR D16 private condominiums.