In this episode of The Deep Dive, we turn our attention to one of the most talked-about new launches in Singapore’s eastern region Vela Bay. Positioned as the first major residential project in the upcoming Bayshore master-planned precinct, this development is more than just another condo launch. It represents a shift in how Singapore is designing its next generation of coastal living.

We begin by addressing the headline figure: a projected launch price of $2,700–$2,800 per square foot. Is this pricing excessive for District 16, or is it the new benchmark for infrastructure-driven growth? By unpacking land acquisition costs, construction inflation, financing expenses, and developer margins, we examine whether Vela Bay Condo is priced on speculation or grounded in market fundamentals.

A key focus of our discussion is connectivity. With direct adjacency to the Bayshore MRT station on the Thomson-East Coast Line, Vela Bay challenges the traditional notion of suburban trade-offs. We explore how reduced commute times to Marina Bay, Orchard, and Changi Business Park compress distance into convenience potentially reshaping property value dynamics in the Outside Central Region.

We also analyze the broader Bayshore precinct transformation, touching on car-lite planning, wind corridor design, family-oriented layouts, and long-term rental appeal. For potential buyers considering a visit to the Vela Bay Showflat, we break down what to look for in unit mix, layout efficiency, and positioning within a master-planned estate.

Ultimately, this episode isn’t just about one development. It’s about understanding first-mover advantage, evaluating risk versus long-term capital appreciation, and asking a critical question: what could a brand-new sea-view condo next to an MRT station be worth in 2035?