Vela Bay
Vela Bay is a 99-year apartment in District 16 (Bedok), with 515 units. Across 534 transactions on record, units have recently transacted around S$2.04M (S$2,847 psf, ~678 sqft). There are 266 units for sale from S$0 to S$5.74M.
What are the key facts about Vela Bay?
Vela Bay is a 99-year apartment in District 16 (Bedok), with 515 units.
- Tenure
- 99-year
- TOP / Completion
- —
- Developer
- SingHaiyi Group Pte Ltd
- Total units
- 515
- Blocks
- —
- District / Area
- District 16 (Bedok)
- Market segment
- OCR
- Median PSF
- S$2,847 psf
- Last transacted
- Jul 2026
- Remaining lease
- —
What is the price and PSF at Vela Bay?
Units have recently transacted around S$2.04M (S$2,847 psf) (URA caveat data).
Recent median price
S$2.04M
recent · 534 sales on record
Median PSF
S$2,847 psf
recent transactions
Median rent (monthly)
—
0 rentals on record
Gross rental yield
—
indicative, gross
Units currently for sale are asking a median of S$2,743 psf — about 4% below the most recent transacted PSF.
Source: URA caveat data, through Jul 2026.
What has recently sold at Vela Bay?
Vela Bay has 534 recorded sales; the most recent transacted at S$2,428,000 in Jul 2026 (URA caveat data).
| Date | Price | Size (sqft) | PSF |
|---|---|---|---|
| Jul 2026 | S$2,428,000 | 883 | S$2,751 psf |
| Jul 2026 | S$2,579,000 | 883 | S$2,922 psf |
| Jul 2026 | S$1,675,000 | 592 | S$2,829 psf |
| Jul 2026 | S$1,690,000 | 592 | S$2,855 psf |
| Jul 2026 | S$2,024,000 | 689 | S$2,938 psf |
| Jun 2026 | S$3,340,000 | 1,173 | S$2,847 psf |
| Jun 2026 | S$3,340,000 | 1,173 | S$2,847 psf |
| May 2026 | S$1,547,000 | 592 | S$2,613 psf |
| May 2026 | S$1,547,000 | 592 | S$2,613 psf |
| Apr 2026 | S$2,107,000 | 678 | S$3,107 psf |
| Apr 2026 | S$2,107,000 | 678 | S$3,107 psf |
| Apr 2026 | S$2,040,000 | 678 | S$3,008 psf |
534 sales and 0 rentals on record since Apr 2026. Source: URA.
How many property agents are active around Vela Bay?
7,517 CEA-registered agents closed at least one recorded deal in District 16 — where Vela Bay sits — in the last 12 months, across all property types.
Active agents · 12mo
7,517
District 16 · closed ≥1 deal
Deals on record
34,084
all-time · all property types
Source: CEA public transaction records, attributed to District 16across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.
What bedroom types are available at Vela Bay?
Vela Bay has 266 units listed for sale, spanning 1–5-bedroom layouts.
Based on units currently listed for sale.
| Bedrooms | For sale | Price range | Median PSF |
|---|---|---|---|
| 1-bedroom | 24 | S$0–S$1.47M | S$2,785 psf |
| 2-bedroom | 59 | S$1.40M–S$1.89M | S$2,743 psf |
| 3-bedroom | 85 | S$2.20M–S$3.19M | S$2,621 psf |
| 4-bedroom | 52 | S$3.09M–S$5.74M | S$2,721 psf |
| 5-bedroom | 46 | S$3.80M–S$5.74M | S$2,872 psf |
Where is Vela Bay and what's nearby?
Vela Bay is located in Bedok, in the East Region of Singapore.
Vela Bay is a 99-year apartment. It was developed by SINGHAIYI GROUP PTE LTD. The development has 515 residential units.
VELA BAY is located at 1 Bayshore Walk, Singapore 469861. It is part of District 16, Bedok / Upper East Coast, Bedok. The project falls within the East Region and the OCR market segment.
The nearest rail connection is Bayshore MRT, approximately 273m away, around 4 minutes on foot. Nearby amenities include Bedok Mall for shopping, GOLDEN TICKET SINGAPORE PTE. LTD. for groceries, Blk 16 Bedok South Road for food options, and Sennett Ave Os for greenery and recreation.
How far is Vela Bay from MRT and schools?
The nearest MRT/LRT to Vela Bay is Bayshore MRT, about 273 m away (~4 min walk). 2 schools are within 1 km, including 1 primary school.
Getting around
- Bayshore MRT273 m · ~4 min
Schools nearby
Homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.
- Temasek Primary SchoolPrimary schoolwithin 1 km · P1 priority681 m
- Temasek Secondary SchoolSecondary schoolwithin 1 km818 m
- Bedok Green Primary SchoolPrimary school1.0 km
- Bedok View Secondary SchoolSecondary school1.1 km
- Victoria SchoolSecondary school1.5 km
- Bedok South Secondary SchoolSecondary school1.7 km
- Anglican High SchoolSecondary school1.9 km
- Opera Estate Primary SchoolPrimary school1.9 km
Shops, food & parks
Straight-line distances from the development. Source: PropKaki amenities data.
What does it cost to own a unit at Vela Bay?
Buying a unit at Vela Bay (~S$2.04M) needs about S$14,933/mo in income and S$6,870/mo in repayments, after S$71,600 stamp duty and a S$510k downpayment.
Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$2.04M) as their first home — 25% down, 30-year loan at 3.5% p.a. Rates as of May 2026. Run it for your own profile →
Buyer's Stamp Duty
S$71,600
BSD, tiered
Downpayment (25%)
S$510k
cash + CPF
Monthly instalment
S$6,870/mo
30y @ 3.5%
Income required
S$14,933/mo
TDSR @ stress rate
Weighing it up as an investment? Gauge the odds with the profitability model, or read how to tell if a condo is profitable →
Thinking about Vela Bay? Ask before you commit.
A fair-value read, recent comps and what a unit really costs — from Vela Bay's own transactions.
PropKakiRecent units at Vela Bay sold close to their fair value — solid, no obvious overpay.
Frequently asked questions about Vela Bay
How much does a unit at Vela Bay cost?⌄
Units at Vela Bay have recently transacted around S$2.04M (S$2,847 psf), from 534 sales on record (URA caveats). The exact price depends on size, floor and facing.
How much do I need to earn to buy at Vela Bay?⌄
For a unit around S$2.04M as a first home, you'd need roughly S$14,933/mo in income (assessed at the stress-test rate), with repayments near S$6,870/mo after a S$510k (25%) downpayment and S$71,600 Buyer's Stamp Duty.
Is Vela Bay a good investment?⌄
current asking prices sit about 4% below the most recent transacted PSF. Whether it suits you depends on your budget, holding period and the unit's size, floor and facing — all summarised on this page from URA data.
Is Vela Bay freehold or leasehold?⌄
Vela Bay is 99-year.
How many units are for sale at Vela Bay?⌄
There are 266 units for sale at Vela Bay, from S$0 to S$5.74M.
What is the nearest MRT to Vela Bay?⌄
The nearest MRT/LRT station to Vela Bay is Bayshore MRT, about 273 m away (~4 min walk).
Which primary schools are within 1 km of Vela Bay?⌄
Temasek Primary School is within 1 km of Vela Bay — homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.