Skip to content

Condominium · OCR · District 16

Vela Bay

Bayshore Walk · Bedok / Upper East Coast

Vela Bay — Transacted Prices

Median PSF · 12 months to Q2 2026
S$2,861 psf
373 sales
Transactions · last 2 yrs
388
Caveats tracked
388
Tenure
99 yrs lease commencing from 2025

Price figures use settled quarters only: we add a quarter about 7 weeks after it ends, once late URA caveats are in. Data as of 10 Oct 2026.

New Sale (388)

Source: URA private residential caveat records via PropKaki's market data layer · Refreshed daily

Market Context

Vela Bay has a median of S$2,861 psf (373 sales) over the 12 months to Q2 2026, against a District 16 condo median of S$2,466 psf (1,426 sales) over the same period. Island-wide, the PropKaki Gap™ puts the freehold premium over 99-year leasehold condos at -1.5% in Q3 2026 (freehold median S$1,987 psf vs leasehold S$2,017 psf) — relevant context for this leasehold project.

PropKaki Gap™ →Compare all districts →

Recent Transactions at Vela Bay

DateFloorAreaPricePSFType
Sep 2026#21-25689 sqftS$2,056,000S$2,985New Sale
Sep 2026#11-15883 sqftS$2,501,000S$2,834New Sale
Sep 2026#16-201,378 sqftS$4,113,000S$2,985New Sale
Aug 2026#11-151,582 sqftS$4,765,000S$3,011New Sale
Aug 2026#26-30484 sqftS$1,537,000S$3,173New Sale
Jul 2026#06-10484 sqftS$1,348,000S$2,783New Sale
Jul 2026#21-25689 sqftS$2,030,000S$2,947New Sale
Jul 2026#06-101,033 sqftS$2,905,000S$2,811New Sale
Jul 2026#06-101,173 sqftS$3,287,000S$2,802New Sale
Jul 2026#06-10484 sqftS$1,348,000S$2,783New Sale

Up to 10 most recent URA caveat records. Multi-unit purchases appear as one record.

Get the Vela Bay Brief

A free summary of recent transactions, price trends and lease profile for Vela Bay — prepared by PropKaki and sent to your WhatsApp.

Primary schools near this development

Measured the way MOE measures home-school distance · indicative

Indicative. Follows MOE’s published method (school boundary to building).

Based on the school list for the 2026 exercise (P1 in 2027); the 2027 list comes out around June 2027.

New developments may not appear in OneMap yet.

Sources: MOE · SLA/OneMap (Singapore Open Data Licence) · HDB · URA · © OpenStreetMap contributors

Nearby

Loading nearby amenities…

Related