Bayshore Road T000237, Bayshore, East Region, Singapore
$2,999,999
www.orangetee.com/upcoming/vela-bay/R020737G Vela Bay is the first private residential launch in the rejuvenated Bayshore precinct (District 16), positioning it as a "first-mover" opportunity in a massive urban transformation. Here are the key unique selling points for the development: 1. Unrivalled Connectivity & "Doorstep" MRT Direct Access: Situated immediately adjacent to the Bayshore MRT station (Thomson-East Coast Line), offering a sheltered commute. Rapid Transit: Direct connectivity to the CBD (Shenton Way/Marina Bay) in approximately 20 minutes and quick access to Orchard Road and Changi Airport. Car-Lite Vision: Part of the URA’s transit-priority corridor, designed for seamless walking and cycling within the estate. 2. First-Mover Advantage & Future Appreciation Bayshore Transformation: As the inaugural private project in this 60-hectare master-planned precinct, early entry potentially secures lower psf prices compared to future land sales in the same area. The "Long Island" Effect: Long-term potential upside from the planned "Long Island" reclamation project, which will add new coastal parks, a reservoir, and further enhance the waterfront ecosystem. 3. Coastal & Wellness Lifestyle Sea Views: The twin 31-storey blocks are designed to maximize natural light and ventilation, with over 70% of units offering views of the sea or East Coast Park. Yacht-Inspired Architecture: The design by P&T Consultants features fluid, aerodynamic lines inspired by luxury sailing vessels. Immediate Recreation: Minutes away from East Coast Park, providing direct access to 15km of scenic coastline, cycling paths, and seaside dining. 4. Family-Centric Amenities Elite Schooling: Located within 1km of Temasek Primary School and Temasek Secondary School, making it highly desirable for families. Comprehensive Facilities: Includes a 50m lap pool, hydrotherapy spas, sky gyms with coastal views, and dedicated social working spaces. Smart Home Integration: All units are equipped with advanced systems for climate, security, and lighting control. 5. Investment Potential Rental Demand: High potential for tenants from nearby employment hubs like Changi Business Park and Changi Airport, who prioritize both lifestyle and MRT accessibility. Proven Developer: Developed by SingHaiyi Group, known for high-quality builds and strong resale performance (e.g., Grand Dunman, Parc Clematis). Project Summary
D05 - Queenstown
Commonwealth MRT
Medium (358 units)
358 units
1 Block, 23 Floors
Qingjian Realty & China Communications Construction Co (Forsea Holdings)
Bloomsbury Residences a magnificent 355 units in the affluent District 5 Supremely connected the condominium is mere steps away for the One-North MRT station and within minutes walking distance to CBD and Orchard Road. Enjoy world class facilities such as a 50m lap pool, fully equipped gym surrounded by lush landscaping over 10,632.1 sqm | 114,443.922 sqft.
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Total Transactions
0
Average Price
S0
Total Value
S0
No transaction data found. This could be due to:
Calculating fair value from URA transaction data…


License: L3009250K
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Automated Valuation based on 588 URA transactions · 7 outliers removed (IQR)
Fair Value
S$1.88M
S$1,819 psf
Asking Price
S$3.00M
S$2,904 psf
vs Market
+59.6%
vs Last Done
+51.6%
Tenure
89 yrs
99-year Leasehold · Balance remaining
Confidence
High
588 comps
Nearest MRT
Tanah Merah
1763m away
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
588 comparable transactions
S$1,437
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.727
MRT Proximity
Within 500m / 1km
0%
AI Condition Premium
HELIOS scan of listing description
+2%
Adjusted Fair Value PSF
S$1,819
Recent Comparable Transactions
10 shown · 588 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneAug 2025 | BAYSHORE ROAD Floor 11-15 | 1,227sqft | S$2,350,000 | ▲S$1,915 +5.3% vs FV | 99 yrs lease commencing from 1997 |
Aug 2025 | BAYSHORE ROAD Floor 11-15 | 1,227sqft | S$2,350,000 | ▲S$1,915 +5.3% vs FV | 99 yrs lease commencing from 1997 |
Aug 2025 | BAYSHORE ROAD Floor 21-25 | 1,238sqft | S$2,460,000 | ▲S$1,987 +9.2% vs FV | 99 yrs lease commencing from 1997 |
Aug 2025 | BAYSHORE ROAD Floor 01-05 | 1,475sqft | S$2,300,000 | ▼S$1,560 -14.2% vs FV | 99 yrs lease commencing from 1997 |
Aug 2025 | BAYSHORE ROAD Floor 06-10 | 936sqft | S$1,280,000 | ▼S$1,367 -24.8% vs FV | 99 yrs lease commencing from 1982 |
Aug 2025 | BAYSHORE ROAD Floor 06-10 | 1,076sqft | S$1,450,000 | ▼S$1,347 -25.9% vs FV | 99 yrs lease commencing from 1982 |
Aug 2025 | BAYSHORE ROAD Floor 06-10 | 1,292sqft | S$1,480,000 | ▼S$1,146 -37.0% vs FV | 99 yrs lease commencing from 1982 |
Aug 2025 | BAYSHORE ROAD Floor 26-30 | 1,432sqft | S$2,150,000 | ▼S$1,502 -17.4% vs FV | 99 yrs lease commencing from 1993 |
Aug 2025 | BAYSHORE ROAD Floor 16-20 | 1,012sqft | S$1,400,000 | ▼S$1,384 -23.9% vs FV | 99 yrs lease commencing from 1993 |
Jul 2025 | BAYSHORE ROAD Floor 06-10 | 1,313sqft | S$2,400,000 | ▲S$1,828 +0.5% vs FV | 99 yrs lease commencing from 1997 |
Jul 2025 | BAYSHORE ROAD Floor 16-20 | 1,475sqft | S$2,980,000 | ▲S$2,021 +11.1% vs FV | 99 yrs lease commencing from 1997 |
BAYSHORE ROAD
Aug 2025 · Floor 11-15
+5.3% vs FV
BAYSHORE ROAD
Aug 2025 · Floor 11-15
+5.3% vs FV
BAYSHORE ROAD
Aug 2025 · Floor 21-25
+9.2% vs FV
BAYSHORE ROAD
Aug 2025 · Floor 01-05
-14.2% vs FV
BAYSHORE ROAD
Aug 2025 · Floor 06-10
-24.8% vs FV
BAYSHORE ROAD
Aug 2025 · Floor 06-10
-25.9% vs FV
BAYSHORE ROAD
Aug 2025 · Floor 06-10
-37.0% vs FV
BAYSHORE ROAD
Aug 2025 · Floor 26-30
-17.4% vs FV
BAYSHORE ROAD
Aug 2025 · Floor 16-20
-23.9% vs FV
BAYSHORE ROAD
Jul 2025 · Floor 06-10
+0.5% vs FV
BAYSHORE ROAD
Jul 2025 · Floor 16-20
+11.1% vs FV
HELIOS AI-Detected Boosters
HELIOS AI Analysis
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.