Artist’s impressionVela Bay is developed by Bayshore Walk Pte. Ltd., holder of housing developer’s licence C1542, and presented by SingHaiyi Group.
The Company Behind Vela Bay
Bayshore Walk Pte. Ltd. is the developer named in the particulars of the sale. URA awarded the Bayshore Road land parcel to Sing-Haiyi Garnet Pte. Ltd. on 28 March 2025, and the development carries the SingHaiyi name throughout its brochure. SingHaiyi describes its approach as a strict focus on quality construction, thoughtful design and strong investment potential, backed by a diversified portfolio of commercial and hospitality assets.
The developer’s brochure lists SingHaiyi’s Singapore developments, among them Grand Dunman, Parc Clematis, The Vales, TMW Maxwell and 9 Penang Road, and records awards from the EdgeProp Singapore Excellence Awards and the Asia Property Awards Singapore, CONQUAS Band 1 recognition from BCA for consistent construction quality over six years, the Singapore Prestige Brand Award for 2020 and 2021, and Green Mark awards including Platinum Super Low Energy for Grand Dunman and for Vela Bay.
Sources: the developer’s published particulars; the developer’s brochure (company profile and awards); the agents’ briefing (project team); URA media release, 28 March 2025.
The Vela Bay Design Team
P&T Consultants, the architect, gave the towers a sleek glass facade on their main elevations, set against rippling patterns formed by undulating ledges and balconies, so that the two buildings read like yachts at anchor. Ecoplan Asia, the landscape architect, carried the yachting idea into the gardens: sail structures and netting, curving floor patterns, wood and white finishes, and coral-reef and seaside planting.
For the interiors, the designers prepared two themes: Portofino, an urban coastal look of warm natural tones for the one- to four-bedroom homes, and Monaco, a cooler palette of misty greys, ocean blues and soft stone for the private-lift homes and the penthouses, according to the agents’ briefing.
The Name and Place of Vela Bay
The name comes from the sea. Vela is Latin for “sails”, a symbol of elegance and motion in the developer’s words, and the Chinese name, 首航, means the maiden voyage, marking a fresh beginning as the first private residences in the new Bayshore precinct. The brochure sums it up as “first to sail, first in luxury, first on the bay”.
The project details page lists every confirmed particular of Vela Bay, and the latest updates record each step since.
Request the Vela Bay Price List
Vela Bay is open for sale, and the Sales Concierge sends the current price list with the homes still available. Showflat viewings are arranged by appointment through the Sales Concierge.
Sent on request
- The current price list with the homes still available.
- The e-brochure and the floor plans you shortlist.
- A payment schedule and the stamp duty for your profile.
- A showflat appointment at a time that suits you.
Request the Price List
No obligation. The Sales Concierge responds personally to every enquiry.
Prefer to speak to someone? Call +65 6200 6220, or send a WhatsApp message to the same number.