Vela Bay
Vela Bay is a new condominium launch on Bayshore Road in District 16. The development occupies a sizeable 112,992 sqft site and offers a modern residential address in a highly anticipated neighbourhood. It comprises 515 units across two 31-storey towers under a 99-year leasehold tenure. The project combines contemporary design, efficient planning, and a wide selection of homes. Its scale and strong project fundamentals make it an attractive option for both homebuyers and investors seeking a new private residence in Singapore.
SingHaiyi Group and Chuan Investments are developing Vela Bay, while P&T Consultants leads the architectural design. The development offers a diverse range of unit types, including 1-Bedroom + Study, 2-Bedroom, 2-Bedroom Premium, 3-Bedroom, 3-Bedroom Premium, 4-Bedroom, 4-Bedroom with Private Lift, 5-Bedroom with Private Lift, and two penthouse collections. This broad mix caters to singles, couples, families, and buyers seeking larger homes with greater privacy. The variety also allows residents to choose a layout that suits their current lifestyle and future needs.
Several key strengths define Vela Bay. The project combines a substantial land parcel, reputable developers, and a well-planned residential offering. The two 31-storey towers create a distinctive skyline presence while supporting a vibrant residential community. The development’s 515-unit scale provides a balance between community living and residential comfort. Together, these qualities enhance the project’s appeal and support its long-term value.
Vela Bay is expected to achieve TOP in December 2031. Buyers can secure a home early and benefit from a development designed for modern living. Its Bayshore Road address, diverse unit mix, and established development team create a compelling proposition in District 16. From efficient one-bedroom layouts to spacious penthouses with private lifts, Vela Bay offers options for a wide range of homeowners. The project delivers the key attributes many buyers seek today: quality planning, choice, and a strong residential identity.
