30/04/2026
The units were sold at an average price of $2,886 psf, reflecting strong demand for the first private residential launch in the new Bayshore precinct.
One of the two 1,765 sq ft, five-bedroom penthouses offering a 180-degree sea view was sold for $5.83 million ($3,303 psf). The buyer is understood to be a Singaporean.
Vela Bayโs 72% take-up at $2,886 psf points to strong buyer appetite โ and sets the tone for pricing in the new Bayshore precinct