SingHaiyi Group now has two major East Singapore launches in its pipeline — Vela Bay at Bayshore (District 16) and Loyang Valley Residences (District 17). Both are built by the same developer, but they serve very different buyer profiles.
| Factor | Loyang Valley Residences | Vela Bay (Bayshore) |
|---|---|---|
| District | D17 (Loyang Avenue) | D16 (Bayshore) |
| Units | ~1,249 | 515 |
| Site Area | ~840,648 sqft | Smaller established plot |
| Nearest MRT | Loyang (CR3), doorstep, opens ~2029 | Bayshore (TEL), nearby |
| Tenure | 99-year, fresh from 2026 | 99-year leasehold |
| Indicative PSF | ~$2,100-$2,400 psf | From ~$2,500 psf |
| Launch Status | Preview targeted late 2027/2028 | Launched April 2026 |
Loyang Valley Residences is more than double the unit count of Vela Bay. A larger estate typically means more extensive shared facilities, a bigger footprint for landscaping and clubhouse amenities, and broader unit type variety — but it can also mean a longer selling period given the larger number of units to move.
Vela Bay launched at a higher PSF band, consistent with Bayshore's established coastal-district positioning and Thomson-East Coast Line access already in operation. Loyang Valley Residences is positioned at a comparatively lower indicative PSF, partly because the Cross Island Line has not yet opened — this is the core "buy before the catalyst" thesis for Loyang.
Vela Bay drew strong preview interest with 8,000 visitors on its preview weekend, indicating healthy demand for SingHaiyi's East Singapore launches. This gives some indication of how the developer markets and executes mega and boutique launches alike, though past performance at one project does not guarantee results at another.
Are Vela Bay and Loyang Valley Residences by the same developer?
Yes, both are SingHaiyi Group projects, though Loyang Valley Residences is developed under a SingHaiyi-led consortium given the scale of the site.
Which project is cheaper on a per-unit basis?
Loyang Valley Residences has a lower indicative PSF (~$2,100-$2,400 psf) compared to Vela Bay (from ~$2,500 psf), though absolute unit prices depend on the final size and layout chosen.
Is Bayshore or Loyang a better location?
This depends on individual priorities. Bayshore offers established East Coast coastal living with the Thomson-East Coast Line already operating. Loyang offers a larger, newer estate with a confirmed future MRT line and proximity to Changi Airport Terminal 5's job growth.
Can I buy both as an investor?
Buyers should note Additional Buyer's Stamp Duty (ABSD) applies to second and subsequent residential property purchases in Singapore. Speak to Jet Lee for personalised advice on stamp duty implications before deciding.
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