- Expected launch price range: From $900,000 for 1-bedroom units to $2.9M for 4-bedroom units.
- Price per sq ft (PSF): Approximately $2,050–$2,100 PSF across all unit types.
- Location & developer: Prime District 16 site by MCL Land near Bayshore MRT, with 846 residential units on a 99-year leasehold.
Vela Bay Condo Price & Floor Plans 2026 | Full Guide
As one of the most anticipated new launches in Singapore’s East Coast, Vela Bay Condo is set to redefine luxury waterfront living in 2026. Developed by the award-winning MCL Land, this upcoming condominium promises a rare blend of coastal serenity, urban convenience, and premium design. If you’re researching the vela bay condo price 2026, floor plans, or investment potential, you’re in the right place. This comprehensive guide covers everything you need to know before launch.
Project Overview
Vela Bay Condo is a 99-year leasehold residential development by MCL Land—a joint venture between Hong Leong Holdings and GuocoLand, known for successful projects like The Hillford and Parc Greenwich. Located at Bayshore Road in District 16, the project sits on a prime sea-facing plot just minutes from the upcoming Bayshore MRT Station (Thomson-East Coast Line).
The development will comprise approximately 846 residential units spread across multiple towers, offering a mix of 1- to 4-bedroom layouts. Designed with modern coastal aesthetics, Vela Bay will feature expansive green spaces, resort-style facilities, and unobstructed views of the sea and East Coast Park.
Vela Bay Condo Price 2026: Expected Pricing Table
Based on recent land bids, comparable launches in District 16 (e.g., Meyer Mansion, Amber Park), and market trends, industry experts project the following indicative pricing for Vela Bay Condo at launch in 2026:
| Unit Type | Size (sqft) | Price From | PSF (Approx.) |
|---|---|---|---|
| 1-Bedroom | 420 – 495 sqft | $900,000 | ~$2,100 |
| 2-Bedroom | 650 – 710 sqft | $1.35 million | ~$2,050 |
| 3-Bedroom | 990 – 1,050 sqft | $2.1 million | ~$2,100 |
| 4-Bedroom | 1,380 – 1,480 sqft | $2.9 million | ~$2,100 |
Note: Prices are indicative and based on current market analysis. Actual launch prices may vary depending on unit orientation, floor level, and market conditions at the time of sale.
Location & Connectivity
Vela Bay Condo enjoys a strategic location in District 16, one of Singapore’s most sought-after residential enclaves along the East Coast. The development is just a 5-minute walk from Bayshore MRT Station, which will provide direct access to the CBD, Orchard Road, and Changi Airport via the Thomson-East Coast Line (TEL).
Residents will also benefit from proximity to:
- East Coast Park – 5-minute drive for cycling, jogging, and waterfront dining
- Siglap Village & Marine Parade – Local eateries, supermarkets, and boutique shops
- Changi Business Park & Expo – Ideal for professionals working in the east
- Top schools – CHIJ Katong Convent, Tao Nan School, and Victoria School nearby
Major expressways like the East Coast Parkway (ECP) and Marine Parade Road ensure seamless connectivity to the rest of the island.
Floor Plan Highlights
While official floor plans will be released closer to launch, Vela Bay Condo is expected to feature efficient, modern layouts with generous balcony space and cross-ventilation—hallmarks of MCL Land’s design philosophy.
1-Bedroom Units (420–495 sqft)
Ideal for singles or young couples, these compact yet functional units will likely include an open-concept living-dining area, a well-appointed kitchen, and a private balcony overlooking greenery or sea views.
2-Bedroom Units (650–710 sqft)
Perfect for small families or investors, 2-bedroom layouts are expected to offer dual-key potential or flexible study spaces, with master bedrooms featuring en-suite bathrooms.
3- & 4-Bedroom Units (990–1,480 sqft)
Spacious family homes designed for multi-generational living, these units will likely include maid’s rooms, utility areas, and expansive balconies—some with panoramic sea vistas. Corner units may feature wraparound balconies and enhanced privacy.
All units are anticipated to come with premium finishes, including branded sanitary ware, smart home features, and energy-efficient appliances.
Investment Angle: Why Vela Bay Condo Is a Smart Buy
Investors eyeing the vela bay condo price 2026 should consider several compelling factors:
- Scarcity of New Launches in D16: Fewer than 5 major launches have occurred in District 16 over the past decade, making Vela Bay a rare opportunity.
- Upcoming Bayshore MRT: Properties within 1km of new MRT stations typically see 5–10% price appreciation pre- and post-completion.
- Strong Rental Demand: Proximity to Changi Business Park and expat-heavy neighborhoods ensures consistent rental yields (~3–4% annually).
- Developer Track Record: MCL Land’s projects consistently achieve high take-up rates and strong resale performance (e.g., Parc Greenwich sold out within months).
With Singapore’s property market stabilizing post-cooling measures and interest rates expected to ease by 2026, Vela Bay could offer an attractive entry point for both owner-occupiers and investors.
Looking for more insights on East Coast condos? Discover our in-depth comparison of upcoming launches in District 15 and 16—including price trends, developer analysis, and ROI projections.
See Also: New Property Launches Singapore 2026 — Complete List of Condos & ECs
” style=”color: #1565c0; font-weight: bold;”>Read our East Coast New Launches Guide →