HomeBuyAll3RMD16 - Bedok / Upper East CoastGreater London Properties - Bloomsbury Estate Agents3 Bed Condo for Sale in Vela Bay

3 Bed Condo for Sale in Vela Bay

Bayshore Road T000237, Bayshore, East Region, Singapore

$2,789,000

Added 2 months ago
Beds: 3Baths: 2Area: 1033 sqft
Above Market· 48.4% above market
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IMAGES GALLERY

Nearest MRT Station

Property Details

Property IDUvZXVanR6DG3NQ9BESNnGS
PriceS$2,789,000
Property TypeCondo
StatusFor sale
Beds3
Baths2
Built Area1033 sqft
PSF
S$2,700
Furnished StatusUnknown

Description

Project Information: -Address: Bayshore Road (District 16) - Developed by Reputable SingHaiyi Group - 2 Blocks of 31-Storey - Total Units: 515 - Unit Types: 1Bedroom + Study to 5 Bedrooms Why VELA BAY? -Excellent connectivity with (TEL) Bayshore MRT -Breathtaking panoramic sea view -Near to established and reputable schools -Lifestyle living next to East Coast Park, sea and F&B stretch -Short drive to Changi Airport -High Demand & Strong Growth Potential Get in touch with Direct Developer Appointed Sales Team Constance at 9797 XXXX #VelaBay #Newcondoeast #homeswithheartsg #SGProperty #SingaporeCondo #PropertyInvestmentSG

Development Information

District & Area

D05 - Queenstown

Nearest MRT

Commonwealth MRT

Tenure

99 years

Project Size

Medium (358 units)

358 units

Building Structure

1 Block, 23 Floors

Developer

Qingjian Realty & China Communications Construction Co (Forsea Holdings)

Unit Configuration
Bedroom TypesNot available Bedroom
Development Facilities
ClubhouseFitness CornerSecurity
About This Development

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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Location

Bayshore Road T000237, Bayshore, East Region, Singapore

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Mortgage Calculation

S$
20 yrs
410203035
75 %
1020406075
4 %
0.1123456

Mortgage calculation on 4% interest rate

S$ 0
Loan Amount (75%)
Downpayment (25%)
S$ 0
S$ 0
/month
Principal
S$ 0
Interest
S$ 0

Total Transactions

0

Average Price

S0

Total Value

S0

Sales Timeline

No timeline data available

No data available

No transaction data found. This could be due to:

  • No transactions in the selected radius
  • Invalid date formats in transaction data
  • Missing price or area information
  • Current filter settings excluding all transactions

Home Report · AVM Fair Value

Automated Valuation based on 542 URA transactions · 4 outliers removed (IQR)

Fair Value

S$1.88M

S$1,819 psf

Asking Price

S$2.79M

S$2,700 psf

vs Market

+48.4%

Above Market

vs Last Done

+41.0%

Above Market

Tenure

89 yrs

99-year Leasehold · Balance remaining

Confidence

High

542 comps

High = 10+ comps
Medium = 5–9 comps
Low = <5 comps

Nearest MRT

Tanah Merah

1763m away

URA PSF Trendline vs Listing Price

Hedonic Adjustment Breakdown

Base URA PSF

542 comparable transactions

S$1,449

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

0%

Adjusted Fair Value PSF

S$1,819

Recent Comparable Transactions

10 shown · 542 total
Last Done

BAYSHORE ROAD

Aug 2025 · Floor 11-15

S$1,915 psf

+5.3% vs FV

1,227 sqftS$2,350,00099 yrs lease commencing from 1997

BAYSHORE ROAD

Aug 2025 · Floor 11-15

S$1,915 psf

+5.3% vs FV

1,227 sqftS$2,350,00099 yrs lease commencing from 1997

BAYSHORE ROAD

Aug 2025 · Floor 21-25

S$1,987 psf

+9.2% vs FV

1,238 sqftS$2,460,00099 yrs lease commencing from 1997

BAYSHORE ROAD

Aug 2025 · Floor 01-05

S$1,560 psf

-14.2% vs FV

1,475 sqftS$2,300,00099 yrs lease commencing from 1997

BAYSHORE ROAD

Aug 2025 · Floor 06-10

S$1,367 psf

-24.8% vs FV

936 sqftS$1,280,00099 yrs lease commencing from 1982

BAYSHORE ROAD

Aug 2025 · Floor 06-10

S$1,347 psf

-25.9% vs FV

1,076 sqftS$1,450,00099 yrs lease commencing from 1982

BAYSHORE ROAD

Aug 2025 · Floor 06-10

S$1,146 psf

-37.0% vs FV

1,292 sqftS$1,480,00099 yrs lease commencing from 1982

BAYSHORE ROAD

Aug 2025 · Floor 26-30

S$1,502 psf

-17.4% vs FV

1,432 sqftS$2,150,00099 yrs lease commencing from 1993

BAYSHORE ROAD

Aug 2025 · Floor 16-20

S$1,384 psf

-23.9% vs FV

1,012 sqftS$1,400,00099 yrs lease commencing from 1993

BAYSHORE ROAD

Jul 2025 · Floor 06-10

S$1,828 psf

+0.5% vs FV

1,313 sqftS$2,400,00099 yrs lease commencing from 1997

BAYSHORE ROAD

Jul 2025 · Floor 16-20

S$2,021 psf

+11.1% vs FV

1,475 sqftS$2,980,00099 yrs lease commencing from 1997
Below Fair Value
Above Fair Value
FV: S$1,819 psf

HELIOS AI Analysis

Based on 542 URA transactions (4 outliers removed), adjusted for: Tenure decay (27.3% discount)

⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.

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