Vela Bay: condo prices and rent
Recorded sale prices and rents for Vela Bay, District 16 (Bedok, Upper East Coast, Eastwood, Kew Drive), from URA data.
Prices
$2,867 psf
- Median price per sq ft: $2,867 psf
- Median price: $2,102,500
- Based on 386 transactions
- Located in District 16 - Suburban (OCR)
- Tenure: leasehold - ~98 years remaining (99-yr from 2025)
- Unit sizes: 45-164 sqm (484-1765 sqft)
- Period: last 12 months (Nov 2025 to Oct 2026), recorded sales.
- Scope: condominiums and apartments, as URA's private price index; executive condominiums excluded.
Rent
$3.48 to $9.79 psf/month
- Across 27 districts and 743 projects, median condo rent runs from $3.48 psf/month in District 17 to $9.79 psf/month in District 6 (2026-Q3).
- Middle of the range: District 15 at $5.20 psf/month.
- Islandwide median is $5.22 psf/month -- about $5,220/month for a 1,000 sq ft unit.
- Private rents are quoted per square foot per month, and these are medians of URA contract data -- a specific unit can let for more or less.
Details
- District: District 16 (Bedok, Upper East Coast, Eastwood, Kew Drive)
- Market segment: OCR
- Tenure: 99 yrs lease commencing from 2025
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Every recorded sale
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