Lifestyle At The Coast

Vela Bay 首航

Live By The Sea, Connected To The City

Vela Bay New Launch Condo Bayshore MRT by SingHaiYi

Vela Bay 首航 Developer

Sing-Haiyi Garnet Pte Ltd

Location

Bayshore Road

District 16

Development

Private Residential Property

TBC units

Est. TOP Date & Tenure

2030

99 Years Leasehold

Project Overview

DESIGN VISION
Vela Bay is conceived as a modern waterfront residence inspired by the refined form and effortless movement of luxury yachts sailing across tranquil seas. The architecture reflects fluid lines, openness, and a sense of calm, mirroring the rhythm of coastal living. This design philosophy captures both elegance and quiet prestige, setting the tone for a distinctive private home by the water.

As the first private condominium development in the rejuvenated Bayshore precinct, Vela Bay represents a new chapter in this emerging seaside neighbourhood, blending contemporary urban living with the relaxed atmosphere of the East Coast shoreline.

THE MEANING BEHIND THE NAME
The name draws inspiration from the graceful imagery of sails and the panoramic sea views enjoyed from the residences.

VELA BAY (English)
“Vela” originates from Latin, meaning sails, symbolizing movement, freedom, and refined nautical elegance. “Bay” reflects the development’s prime location along Bayshore Drive, anchoring it to its coastal identity and waterfront surroundings.

首航 – “Maiden Voyage” (Chinese)
The Chinese name signifies a first journey and a bold beginning. It highlights Vela Bay’s role as the pioneer private residential project on a Government Land Sale site within the growing Bayshore waterfront township, representing progress, opportunity, and a fresh start for future homeowners.

Gallery

Vela Bay 首航 Project Information

Project Name: Vela Bay 首航

Development Type: Private Residential Property

District: 16

Address: Bayshore Road

Tenure: 99 Years Leasehold

Developer: Sing-Haiyi Garnet Pte Ltd

Total Units: TBC

Site Area: 112,993 sqft

Site GFA: 474,574 sqft

Est. TOP Date: 2030

Unit Type: TBC

Why Vela Bay 首航 New Launch?

  • First-Mover Waterfront Launch - The first private condo in the new Bayshore precinct — a rare chance to get in early on a large growth node.
  • Bayshore MRT on Thomson-East Coast Line - Just walking distance to Bayshore MRT (TEL) for seamless access to CBD, Orchard, Marina Bay and Changi.
  • East Coast Lifestyle & Recreation - Close to East Coast Park and seaside living with sea breezes, jogging/cycling routes and lifestyle amenities.
  • Master-Planned Bayshore Growth Story - Part of URA’s big-picture Bayshore housing and community development with green corridors and new housing precincts.
  • Strong Land Scale & Design Appeal - Large site with resort-inspired design and coastal-living ambience — enhancing long-term desirability for own stay.
  • Connectivity + Road Network - Easy drive via ECP/PIE with quick access to CBD or airport — broadening appeal for working professionals and tenants.

Location Highlights

Bayshore seaside living with TEL connectivity, lifestyle charm and early upside from precinct transformation with strong homeowner investor appeal.

Bayshore is shaping up to be one of the most exciting coastal neighbourhoods in the East. With Bayshore MRT on the Thomson–East Coast Line just steps away, residents enjoy direct connectivity to Marina Bay, Orchard and the CBD while staying away from the city crowd.

Life here naturally revolves around the sea and outdoors. East Coast Park, the beach, cycling paths and waterfront dining create a relaxed, resort-style rhythm that many families and professionals aspire to. Daily conveniences are close by at Siglap and Bedok, with established cafés, supermarkets and neighbourhood amenities supporting everyday living.

For homeowners, Bayshore offers a rare combination, seaside lifestyle with MRT convenience, ideal for long-term own stay without sacrificing accessibility. The environment appeals to those seeking space, wellness and a slower pace while still being well connected to work and schools.

From an investment perspective, the precinct sits within the upcoming Bayshore transformation with new housing clusters, green corridors and community nodes planned around the TEL station. Entering early into a newly developed estate often brings first-mover advantage as infrastructure, population catchment and amenities mature over time.

With its coastal charm, improving connectivity and planned rejuvenation, Bayshore is positioned as a future-ready residential address that balances lifestyle enjoyment with meaningful growth potential.

Site Plan

Project Info Coming Soon
TBC

Unit Type Breakdown

TBC

Floor Plan

Coming Soon
Coming Soon

PrimeKey Analysis — Know Your Next Move with Confidence

Choosing a property today goes beyond price and location. What truly matters is understanding the hidden risks and real growth potential behind every property. The PrimeKey Analysis provides a clear, data-backed perspective so decisions are made with insight — not guesswork.

See the Risks Before They See You

The PrimeKey Analysis breaks down 8 critical growth factors into a simple “health score,” allowing you to instantly identify whether a property is truly safe and profitable, not just attractive on the surface.

An Objective Health Check for Any Property

Find out if your current home or next purchase is still a Grade A asset, or a potential risk that could quietly slow your portfolio returns, powered by real market data rather than opinions.

Invest with Clarity, Not Emotion

Discover the growth potential, detailed risks and rewards of any property at a glance, so every decision is guided by numbers instead of market noise or sales talk.

Navis Atlas - Primekey Analysis Report
Navis Atlas - Primekey Analysis Report

Let’s Review the Property Together

I’ll walk you through the PrimeKey Analysis in an easy-to-understand session so you can:

  • Compare options objectively before committing
  • Minimise risk in your next purchase
  • Plan your next move with clear direction

Share the project you’re looking at, and I’ll go through the PrimeKey Analysis with you one-to-one.

Vela Bay 首航 New Launch Summary

Vela Bay is a new waterfront condominium located within the emerging Bayshore township along Singapore’s East Coast. Designed to reflect the elegance and fluidity of life by the sea, the development offers a refined coastal living experience in one of the city’s most promising future residential precincts.

As the first private residential project in the revitalised Bayshore estate, Vela Bay enjoys a prime position near the upcoming Bayshore MRT station on the Thomson-East Coast Line, providing direct connectivity to Marina Bay, the CBD and Orchard Road. Residents will also benefit from close proximity to East Coast Park, offering easy access to outdoor recreation, dining, and seaside leisure.

Surrounded by a master-planned neighbourhood featuring green corridors, cycling paths, community spaces and modern transport infrastructure, Vela Bay is well-suited for both homeowners and long-term investors seeking lifestyle convenience and growth potential.

Combining waterfront tranquillity with strong urban connectivity, Vela Bay represents a rare opportunity to own a home in Singapore’s next major coastal residential destination.

Purchase Procedure

A streamlined process designed to make your property acquisition journey as smooth and transparent as possible, from initial interest to key collection.

Step 1: Eligibility & Affordability Check

Step 1

Eligibility & Affordability Check

It is always good to first check your eligibility to purchase and be pruduent in your affordability in term of initial payment and monthly committment. You may contact me to work this out if you need help.

  • Initial payment
  • Monthly commitment
  • Miscellaneous & tax payable
  • Apply for bank IPA

Step 2

Submit Your Interest

Complete our registration form to express your interest and join the VVIP showflat preview and receive the latest Vela Bay 首航 new launch updates
  • Contact information
  • Unit preference
  • Budget range
  • Timeline

Step 3

Receive VVIP Invite

Be the first to get an exclusive early access when the preview gallery and showflat opens

  • Priority viewing slots
  • Exclusive previews
  • Developer presentations
  • Special promotions

Step 4

Visit Showflat & Shortlist

Experience the development firsthand and select and shortlist your preferred units. Submit e-App if you are purchasing an EC

  • Showflat Tour
  • Unit Selection
  • Payment Schemes 
  • Floor plan review

Step 5

Secure  Unit with OTP

Book your choice unit by attending the sales launch on the booking date and secure your Option to Purchase agreement

  • Unit reservation              
  • Initial payment
  • OTP signing
  • Terms agrement

Step 6

Finalize Purchase

Finalize legal documentation and arrange financing for your new home

  • Loan arrangement, if any
  • Signing sales and purchase agreement
  • Balance deposit payments
  • Stamp duty payments

Step 7

Progressive Payment Start

The balance payment will be called progressively based on the construction completion stages. (For EC purchase, you may choose deferred payment scheme too)

  • Construction milestones
  • Payment schedules
  • Progress updates
  • Payment notifications

Step 8

Obtain Temporary Occupation Permit (TOP)

Get notification and book your appointment for key collection from the developer on site

  • TOP notification
  • Key collection appointment
  • Unit inspection
  • Final handover

Mortgage Loan Calculator

Mortgage Affordability

Mode
Buyer
Loan Amount (price − downpayment)
Monthly Instalment (amortised)
Monthly Rule Cap
Max Loan by Rule
Max Property Price @ your down%
Buyer’s Stamp Duty (BSD)
Additional Buyer’s Stamp Duty (ABSD)
Total Duties

ABSD logic adapts to property type.

Disclaimer — This calculator provides estimates for cost breakdown and monthly instalments only. Final loan eligibility and quantum are subject to bank approval, applicable MAS rules, and the prevailing stress-test/qualifying interest rate. Results are illustrative and do not constitute financial advice.

Payment Timeline

New EC — Normal Payment Scheme (NPS)

Buyer: —

    Total Cash/CPF (incl. duties)
    Total Loan Disbursed
    Grand Total (Price + Duties)

    Disclaimer
    While darrenong.sg and it's admin has endeavoured to ensure that the information and materials contained herein are accurate and up to date as far as possible, we are not responsible for any errors or omissions, or for the results obtained from their use or the reliance placed on them. All information is provided "as is", with no guarantee of completeness, and accuracy. In no event will darrenong.sg and/or representatives or salespersons thereof be liable in contract or in tort, to any party for any decision made or action taken in reliance on the information in this document or for any direct, indirect, consequential, special or similar damages. The estimates numbers are for illustration only. Actual drawdowns depend on bank LTV, legal advice and the developer’s timeline.

    New EC — Deferred Payment Scheme (DPS)

    Buyer: —

      Total Cash/CPF (incl. duties)
      Total Loan Disbursed
      Grand Total (Price + Duties)

      Disclaimer
      While darrenong.sg and it's admin has endeavoured to ensure that the information and materials contained herein are accurate and up to date as far as possible, we are not responsible for any errors or omissions, or for the results obtained from their use or the reliance placed on them. All information is provided "as is", with no guarantee of completeness, and accuracy. In no event will darrenong.sg and/or representatives or salespersons thereof be liable in contract or in tort, to any party for any decision made or action taken in reliance on the information in this document or for any direct, indirect, consequential, special or similar damages. The estimates numbers are for illustration only. Actual drawdowns depend on bank LTV, legal advice and the developer’s timeline.

      New Launch Progressive Payment Scheme (Private Property)

      Buyer: —

        Total Cash/CPF (incl. duties)
        Total Loan Disbursed
        Grand Total (Price + Duties)

        Disclaimer
        While darrenong.sg and it's admin has endeavoured to ensure that the information and materials contained herein are accurate and up to date as far as possible, we are not responsible for any errors or omissions, or for the results obtained from their use or the reliance placed on them. All information is provided "as is", with no guarantee of completeness, and accuracy. In no event will darrenong.sg and/or representatives or salespersons thereof be liable in contract or in tort, to any party for any decision made or action taken in reliance on the information in this document or for any direct, indirect, consequential, special or similar damages. The estimates numbers are for illustration only. Actual drawdowns depend on bank LTV, legal advice and the developer’s timeline.

        Contact Us

        Register your interest today for early-bird previews, exclusive floor plans, and launch updates. Be among the first to secure your dream home at Vela Bay 首航 new launch.

        Register Your Interest

        By submitting this form, you agree to receive updates about Vela Bay 首航. Your information will be kept confidential and not shared with third parties.

        Get In Touch

        Darren is one of the appointed developer sales team and is ready to assist you with all inquiries about Vela Bay 首航. Contact Darren through any of the channels below for immediate assistance.

        Why Register Early?

        • Priority access to showflat and unit selection
        • Exclusive early bird pricing and promotions
        • First access to detailed floor plans and brochures
        • Personal consultation with Darren

        © 2025 Vela Bay 首航. All rights reserved.

        Disclaimer

        Disclaimer: Provisional Property Information. This website is for information purposes only, and all information is preliminary. All renderings, floor plans, and specifications are subject to change without notice. Please verify details with the sales team. Please be aware that the property names used on this website may be based on the road names of the Government Land Sales (GLS) sites or En bloc sales, and may not be the actual names of the developments. These provisional names are intended for reference purposes only and may differ from the final official name of the developments. Additionally, all calculations and figures provided on this site, including those related to prices and costs, are for illustrative purposes. They do not represent the actual or final selling prices of the developments. We are committed to ensuring that all information provided does not contain any offer, statement, representation, claim, or information that is inaccurate, false, or misleading. We strive for accuracy and transparency in all our communications. We urge all users of this website to exercise due diligence and verify the latest and most accurate information through direct inquiries. Our agents and the website are free from liability for any decisions or actions taken by consumers based on the information provided here. It is recommended to consult with our professional agents, banker and lawyer for detailed and personalized advice.

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