Vela Bay is a 99-year leasehold condominium by SingHaiyi Group / Haiyi Holdings at 3 Bayshore Walk, in District 16 (Bedok, Upper East Coast), with 515 units, expected to complete in Q4 2031. It launched on 25 Apr 2026. URA records show 386 units sold by the developer up to Sep 2026.
Now selling| Developer | SingHaiyi Group / Haiyi Holdings |
|---|---|
| Type | Condominium |
| Location | 3 Bayshore Walk, District 16 (Bedok, Upper East Coast) |
| Market segment | Outside Central Region (OCR) |
| Tenure | 99-year leasehold |
| Expected completion (TOP) | Q4 2031 |
| Total units | 515 |
| Units still available (ERA listing) | 129 of 515 |
| Unit mix | 1–5 bedroom |
| Unit sizes | 484–1,765 sqft |
| Launched | 25 Apr 2026 |
From ERA Realty's new launch listings, retrieved 21 Oct 2026. Details can change; please refer to the developer's official materials.
Straight-line distance from OneMap locations.
The nearest HDB estate is Bedok, about 750 m away. Bedok 4-room flats resold for an average of $700,000 and 5-room flats $832,000 in 2026 Q3.
Upgrading from an HDB flat nearby? Check your upgrade readiness or work out your budget.
From caveats lodged with URA, which lag the actual sale by a few weeks and may not cover every unit. Prices change; ask Serene for the current price list.
| Project | Distance | Median $psf | Resales | Latest |
|---|---|---|---|---|
| Costa Del Sol Condo · 99-yr from 1997 | 240 m | $1,961 psf | 30 | Sep 2026 |
| Balcon East Condo · Freehold | 310 m | $1,410 psf | 3 | Mar 2023 |
| East Coast Residences Condo · Freehold | 310 m | $1,762 psf | 8 | Oct 2025 |
| Venezio Condo · Freehold | 320 m | $1,699 psf | 1 | Sep 2026 |
| Uber 388 Condo · Freehold | 330 m | $1,844 psf | 6 | Jul 2026 |
| Residential Apartments Condo · Freehold | 330 m | $1,452 psf | 2 | Aug 2026 |
| The Bayshore Condo · 99-yr from 1993 | 330 m | $1,383 psf | 56 | Sep 2026 |
| The Calypso Condo · Freehold | 400 m | $1,812 psf | 1 | May 2025 |
Resale $psf, single-unit deals in each project's latest 12 months on record (URA caveats). Useful for comparing a new launch with older homes nearby.
Vela Bay is at 3 Bayshore Walk, in District 16 (Bedok, Upper East Coast), about 140 m from Bayshore MRT.
The expected TOP is Q4 2031, based on ERA's new launch listing.
515 units, with 1–5 bedroom layouts.
99-year leasehold.
Serene Lee, ERA Realty Network (CEA R027578Z). Information is for general reference only and is not an offer or a valuation. See all new launches.