Projects
VELA BAY
D16 / Bedok, Upper East Coast, Eastwood, Kew Drive
Address BAYSHORE WALK, Singapore
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Apartment 371 transactions 99 years leasehold Updated Apr 2026
Property image pending
Project read
Quick summary about VELA BAY
Vela Bay is a 99 years leasehold apartment in D16 / Bedok, Upper East Coast, Eastwood, Kew Drive. Vela Bay currently has 0 rental contracts and 371 sale transactions, covering Mar 2026 to Apr 2026.
- No project-specific rental contracts are loaded yet, so use nearby projects and district rental comps before judging rent.
- Typical sale price is $2,108,000, with median sale PSF at $2,863 psf and total recorded sale value of $875.0M.
- Rent trend is not available yet. Sale PSF is flat over the last 3 months.
Project facts
Project-level details from URA records and local enrichment.
Tenure 99 years leasehold
Property type Apartment
Sale records 371 new sale transactions
Total sold value $875.0M
Data coverage
URA records on this page start Mar 2026 and run through Apr 2026.
Rental contracts 0 Not available
Sale transactions 371 Mar 2026 to Apr 2026
Rent trend Not available No rental records
Sale PSF trend 0.0% Last 3 months
Location
Location matching is still being enriched for this project.
Known address signal BAYSHORE WALK, Singapore
Nearby place matching is pending for this project.
Market trends
Recent rent, sale PSF and contract activity for this project.
Latest median rent No rent records No rental trend yet
Latest median sale PSF $2,613 psf 371 sale transactions in view
Month Rent contracts Median rent Sale transactions Median sale PSF Median sale
Apr 2026 0 - 1 $2,613 psf $1,547,000
Mar 2026 0 - 370 $2,865 psf $2,113,000
Similar projects nearby
Same district, ranked by similar rent, sale PSF and transaction depth.
99-year leasehold from 2025 PINERY RESIDENCES 549 transactions
- Median rent
- -
- Median sale PSF
- $2,548 psf
- Median rent
- -
- Median sale PSF
- $2,500 psf
- Median rent
- $3,500
- Median sale PSF
- $1,877 psf
- Median rent
- -
- Median sale PSF
- $2,079 psf
- Median rent
- $4,800
- Median sale PSF
- $2,116 psf
- Median rent
- $5,800
- Median sale PSF
- $1,702 psf
Rent by bedrooms
Monthly rent by recorded bedroom count.
Bedrooms Median rent Average rent Transactions
No bedroom rental split is available for this project yet.
Rent by floor area
Monthly rent by recorded URA floor area band.
Area band Median rent Average rent Transactions
No floor-area rental split is available for this project yet.
Sale price by floor
Median sale price and PSF by recorded floor band.
Floor band Median sale Median PSF Transactions
01 to 05 $1,840,500 $2,674 psf 28
06 to 10 $1,897,000 $2,729 psf 68
11 to 15 $1,969,000 $2,804 psf 74
16 to 20 $2,028,000 $2,888 psf 75
21 to 25 $2,299,500 $2,993 psf 62
26 to 30 $2,561,000 $3,105 psf 56
31 to 35 $2,936,000 $3,165 psf 8
Latest transactions
Most recent URA rental contracts and sale transactions for this project.
Rentals
No rental rows are available.
Sales
How to use this data
Practical guidance for renters, buyers and sellers. This is not a valuation, it is a starting point for comparing real transactions.
Rent check
If you are renting
VELA BAY does not currently have project-specific rental contracts loaded. Treat this page as a sale and location reference, then compare rent against similar nearby projects and the wider D16 rental market.
Median rent No rent data
Rental contracts 0
Rent signal Missing
- Do not anchor rent to a blank project median.
- Use bedroom count, floor area and nearby project pages before accepting an asking rent.
Offer check
If you are buying
Recent sales at VELA BAY point to a typical sale price of $2,108,000 and $2,863 psf. Treat those as the first comparable range, then adjust for floor, size, condition and tenure.
Median sale $2,108,000
Median PSF $2,863 psf
Sale signal Strong
- Compare the unit against the sale by floor table before deciding whether a premium makes sense.
- 99 years leasehold should be part of the buying decision, especially when comparing against newer leasehold or nearby freehold projects.
Listing position
If you are selling
For sellers, the cleanest starting point is the project median PSF, then the latest sales and nearby project comps. VELA BAY has 371 sale transactions in this dataset, so pricing should be checked against actual recent contracts before listing.
Sale signal Strong
Total sold value $875.0M
Latest update Apr 2026
- Use the latest sales table to avoid anchoring to stale prices when the most recent month moved differently.
- If you want to price above recent PSF, the listing needs a visible reason such as renovation, view, layout, floor or scarcity.
District context
Use D16 to compare VELA BAY against the wider area.
About this data
How to read the rental and sale figures on this page.
Rental figures come from recorded URA private residential rental contracts. Rent is shown as monthly rent.
Sale figures come from recorded private residential sale transactions. PSF and total selling value are shown where sale records include the needed fields.
Rental floor level is not available from this source, so rental analysis is split by bedroom count and floor area band.
Sale floor band is available for many sale transactions, so sale prices can be grouped by recorded floor band.
VELA BAY FAQ
Quick answers for renters, buyers and owners comparing this project.
What is the typical rent at VELA BAY?
VELA BAY does not currently have project-specific rental contracts loaded, so rent should be checked against nearby project and district rental comps.
What is the typical sale price at VELA BAY?
The median sale price for VELA BAY is $2,108,000, based on 371 URA sale transactions in the local dataset.
What is the median sale PSF at VELA BAY?
The median sale price per square foot for VELA BAY is $2,863 psf. The average sale PSF is $2,869 psf.
Is VELA BAY freehold or leasehold?
VELA BAY is listed as 99 years leasehold. Tenure is tied to the project and is most relevant when reviewing sale transactions.
Where is VELA BAY located?
VELA BAY is located at BAYSHORE WALK, Singapore in D16 / Bedok, Upper East Coast, Eastwood, Kew Drive.
How current is the VELA BAY transaction data?
The URA records on this page start from Mar 2026 and run through Apr 2026. The page is rebuilt after local data refresh runs.