Vela Bay
Bayshore Walk · Apartment · 99 yrs lease commencing from 2025
Who lives in Bedok
Census of Population 2020 · planning-area aggregates · SingStat via data.gov.sg
The neighbourhood, photographed
freely-licensed photographs taken within ~450 m · Wikimedia Commons
The launch, by the record
developer sales + new-sale caveats · URA - the numbers a brochure won’t print
Strata areas here follow the post-June-2023 GFA harmonisation (AC ledges, void spaces excluded), so this project’s PSF runs a few percent “higher” against older stock measured the old way. A like-for-like PSF comparison to pre-2023 resales isn’t apples-to-apples.
What the record shows
Buyers who bought from the developer in 2026 paid an average of $2,868 psf (370 sales). At today’s $2,869 psf, they are up 0% on paper.
Over the last 3 years, units on the 10th floor and above transacted at a median $2,915 psf - 9% above units on floors 1–5 ($2,674 psf).
Recent transactions URA, latest 10
| Date | Price | Area (sqft) | PSF | Floor |
|---|---|---|---|---|
| Jul 2026 | $2,024,000 | 689 | $2,938 | 21-25 |
| Jun 2026 | $3,340,000 | 1,173 | $2,847 | 11-15 |
| May 2026 | $1,547,000 | 592 | $2,613 | 01-05 |
| Apr 2026 | $5,829,120 | 1,765 | $3,302 | 31-35 |
| Apr 2026 | $5,090,000 | 1,582 | $3,217 | 26-30 |
| Apr 2026 | $5,075,000 | 1,582 | $3,207 | 26-30 |
| Apr 2026 | $4,915,000 | 1,582 | $3,106 | 21-25 |
| Apr 2026 | $4,900,000 | 1,582 | $3,097 | 21-25 |
| Apr 2026 | $4,870,000 | 1,582 | $3,078 | 21-25 |
| Apr 2026 | $4,836,150 | 1,582 | $3,056 | 21-25 |
Grounded in this project’s data - yield, en-bloc, lease, nearby condos.
More in District 16
The HDB blocks next door
The entry point, measured: what the resale flats around Vela Bay actually sell for - this project trades at 4.4× the nearest block’s PSF.