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Vela Bay
D16Open for sale

Vela Bay

D16 · Bayshore Road

Price from$1.47M$2,591 psf
99YRTOP 2031515 unitsBayshore MRT (TE)NPS grade A · 8.0/10

New Project Scorecard

Scores updated 23 Oct 2026
A
8.0 / 10
weighted score · TRIBE NPS

Vela Bay grades A on the TRIBE New Project Scorecard — 8.0/10 across 5 district-weighted factors. Strongest: Project Size (10.0/10). Weakest: Rental Growth (6.0/10).

Capital Appreciation (30%)
7.3

Resale homes within 1km appreciated ~3.1%/yr over the past decade (same-property resale basis — strips out new-launch price inflation). Lifted +1.08 for this project's size, transport and schools.

School (20%)
7.6

1 primary school within 1km. Best: Temasek Primary School (0.77km, heavily oversubscribed) — strong school draw.

  • Temasek Primary School
Project Size (18%)
10.0

515 units — ideal scale for liquidity and facilities without crowding.

MRT Proximity (18%)
9.0

0.08km walk to Bayshore MRT (Exit 1).

Rental Growth (14%)
6.0

District D16 rents grew ~6.1%/yr over the decade — healthy rental growth (scored on an absolute scale: ~2.5%/yr=0, ~8.5%/yr=10).

Grades are free to read for every active new launch. The holding-period model and the like-for-like comparison against resale within 1 km are run with a TRIBE consultant — open the New Project Scorecard.

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