Vela Bay
Vela Bay is selling now. Units here have sold for a middle S$2,860 psf — S$1.25m to S$5.83m — and 131 of the 515 units are left. We do not rate it yet.
What units at Vela Bay actually sold for
385 units have been bought here since the launch in April 2026, at prices from S$1.25m for the smallest to S$5.83m for the largest. The middle price was S$2,860 per square foot. Higher floors cost more: the same 600–899 sq ft unit sold at a middle S$2,710 psf on floors 1–5 and S$3,070 psf on floors 26–30.
Prices by unit size and floor
As at Sep 2026
Swipe the table sideways to see every column.
| Unit size | All floors |
|---|---|
| Under 600 sq ftmedian 590 sq ft | S$2,780 psfS$2,530–S$3,170S$1.25m – S$1.86m101 sales |
| 600–899 sq ftmedian 690 sq ft | S$2,840 psfS$2,560–S$3,180S$1.82m – S$2.72m183 sales |
| 900–1,199 sq ftmedian 1,030 sq ft | S$2,920 psfS$2,700–S$3,190S$2.79m – S$3.72m83 sales |
| 1,200–1,499 sq ftmedian 1,380 sq ft | S$2,970 psfS$2,850–S$3,130S$3.93m – S$4.31m10 sales |
| 1,500 sq ft and upmedian 1,580 sq ft | S$3,100 psfS$3,010–S$3,300S$4.76m – S$5.83m8 sales |
Floors 1–5, 6–10, 11–15, 16–20, 21–25, 26–30 and 31–35 each have their own column. Tell us the floor, the size and the price you were quoted, and we mark the cell it falls in.
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How fast it is selling, and how many are left
370 of the 515 units sold in the launch month, April 2026. Since then sales have run at a few a month — 383 in the last twelve — and 131 are left as at Aug 2026. The middle price in the months with five or more sales has stayed between S$2,830 and S$2,860 psf.
Balance units
131 of 515
As at Aug 2026
Units sold each month, and the month’s middle psf
launch month, bar cut to fit 5 or more sold: psf printed fewer than 5: count only
The other launches within 3 km
Within 3 km, Bagnall Haus (1.7 km) is a private condo selling at a middle S$2,620 psf. This is what each has actually sold for in the last twelve months, and how much is left.
Swipe the table sideways to see every column.
| Project | Distance | Middle new-sale price | Sold | Unsold |
|---|---|---|---|---|
| Vela BayCondo · 99 years | this page | S$2,860 psf385 sales, 12 mo | 384 of 515 | 131 |
| Bagnall HausCondo · Freehold | 1.7 km | S$2,620 psf8 sales, 12 mo | 104 of 113 | 9 |
Middle new-sale price is the median of the caveats on record for the last twelve months; a project with fewer than five prints none. Sold and unsold counts are from URA’s developer sales report for Aug 2026. Executive condos carry eligibility rules and sell at a discount to private condos, so compare them with that in mind.
The launch premium, and whether it held
We do not rate Vela Bay — there is no resale record to rate it against yet. What we can show is what buyers have actually paid here, and what happened to buyers at earlier launches. A new launch always asks more than the resale condos around it. The question a buyer cannot answer today is whether that gap closes, holds or widens by the time the keys are handed over. Two things we can show: the gap here, and what happened to it at the launches of 2021–22.
The gap today
S$2,860 psf
385 salesS$1,460 psf
167 resales in 8 condosThe eight condos: Costa Del Sol, The Bayshore, Uber 388, Parbury Hill Condominium, Bayshore Park, Laguna Green, Eastern Lagoon, Casafina. Part of the gap is age and remaining lease, not only the new-launch premium.
Did earlier launches hold their price?
Of 26 Singapore launches that sold in 2021–22 and have resold in the last twelve months, 23 now resell at or above their launch price; the mean change is +11%. 3 do not.
All 26 launches, then and now, with the market index beside them →
The same table narrowed to the Outside Central Region launches of 2021–22, with their own mean change.
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What it costs all-in
The price is not the bill. Buyer’s stamp duty is paid within 14 days of the option, additional buyer’s stamp duty depends on who you are, and an uncompleted unit is paid for in stages as it is built. Pick a unit size and a buyer profile; the figures start from what that size has actually sold for here.
What resale costs around here today
Nearby resale prices (guide)
S$1,360 psf
That is the middle price per square foot across the 8 condos within 1.5 km of Vela Bay that we rate AND that have traded recently enough to carry a median — each figure that project’s own. A new project usually asks more than the resale stock around it, so read this as the floor under the asking price, not as a forecast of it.
13 units in the eleven condos within 1 km are asking below what similar-sized units in their own building have sold for. Six of them are at Bayshore Park, three at Costa Del Sol, three at Laguna Green and one at Eastern Lagoon. Show me the 13
The rated buildings nearby
The 8 condos we rate closest to Vela Bay. The A–E chip grades the building on its own transacted record — it is not a reading of this project. 2 of them are numbered on the map; the rest sit beyond its edge.
© contributors | Singapore Land AuthorityWho is building it, and when it will be ready
- Developer
- Bayshore Walk Pte Ltd
- Expected TOP
- URA has not published an expected TOP for this project
- Address
- Bayshore Walk, Singapore 469861
- Units
- 515 apartments
- Tenure
- 99 years from 2025
- District
- 16 · Bedok / Upper East Coast · OCR
Sources: URA’s Private Residential Property Pipeline and Developer Sales datasets, through URA’s Data Service. Nearby resale figures are our own, from caveats lodged with the Urban Redevelopment Authority.
PriceVero is an independent information page. We are not the developer, the marketing agent or HDB, and we do not sell or market this project. The facts here come from public sources named on this page and were last checked on 16-09-2026; launch dates, prices and unit counts can change, so confirm with the developer or HDB before relying on them. Nearby resale figures are medians from public transaction records, not a valuation of this project.
Getting there
- Nearest MRT
- Bayshore · 280 m in a straight line · about 5 min walk (estimated)
We have not measured the walking route; the estimate is a straight line.
Is this price low, in line, or high? Name any condo or apartment and the price you are weighing. We check it against what units in that project have actually sold for — the walk to the station, the schools and the remaining lease included.
Free — sign in and the rating is on the screen. The size comes from the project’s own transacted record, so a typo cannot hand you a confident wrong answer. Want the longer form, with floor, size and the stamp duty? Open the price check. Holding a listing link instead? Paste it here. Not a valuation — a reading of a price against the evidence.
Frequently asked
What does Vela Bay cost?
Units at Vela Bay have sold for between S$1.25m and S$5.83m, at a middle S$2,860 per square foot, across 385 sales on record from Apr 2026 to Sep 2026. A 600–899 sq ft unit has cost about S$1.96m. The table above shows each unit size.
How many units are left at Vela Bay?
131 of 515 units are left — the balance units — as at Aug 2026. 384 have sold, 370 of them in the launch month, April 2026. The developer's sales report is published monthly, so this figure moves.
When is Vela Bay expected to be completed (TOP)?
URA has not published an expected TOP date for Vela Bay, so we do not show one. We never estimate a completion date; where URA publishes one it appears in the fact table on this page. The project launched in April 2026.
Who is the developer of Vela Bay?
URA lists the developer as Bayshore Walk Pte Ltd. We are not the developer or the marketing agent, and we do not sell or market this project — these facts come from public records.
When did Vela Bay launch, and at what price?
Vela Bay launched in April 2026. 370 of its 515 units sold that month. Its launch price works out at a middle S$2,860 per square foot across every sale on record since.
Is Vela Bay a good buy?
We do not rate Vela Bay — there is no resale record here yet. What we can show is what buyers have paid, and what happened at earlier launches: of 26 launches of 2021–22, 23 now resell at or above their launch price.
How does Vela Bay compare with other new launches nearby?
Within 3 km: Bagnall Haus, a private condo 1.7 km away, has sold at a middle S$2,620 psf.
What does this page not have?
We do not publish floor plans, site plans, brochures or showflat appointments for Vela Bay — those come from the developer's appointed agents. What we publish is the record: what each unit size has sold for, and how many units are left.
How far is Vela Bay from an MRT station?
The nearest station is Bayshore MRT, about 280 m from Vela Bay in a straight line. We have not measured the walking route, so we estimate it at a 5-minute walk; the real one can only be longer.
Contains information from the Urban Redevelopment Authority (URA), made available under the Singapore Open Data Licence.