Looking to buy a new launch condo in Singapore in 2026? Two highly anticipated developments — Vela Bay and Tengah Garden Residences — are set to launch in April, offering buyers very different opportunities depending on their goals.
One is located in a mature East Coast district near Bayshore MRT, while the other sits in Tengah, Singapore’s newest smart and sustainable town. So how do you decide which new launch is right for you? Read on or visit RealAgent New Launches to get more information about these projects.
Vela Bay (District 16 – Bayshore)
Find out more about Vela Bay here.
Vela Bay is a 99-year leasehold condominium located along Bayshore Road in District 16, developed by SingHaiyi Group. The project comprises approximately 515 units and is one of the first private residential launches in the upcoming Bayshore precinct, positioning it as an early entry into a transforming coastal district.
Unit mix and price range:
- 1 Bedroom + Study (~484 sqft): from ~$1.2M+
- 2 Bedroom (~592–700 sqft): from ~$1.5M+
- 3 Bedroom (~883–1055 sqft): from ~$2.3M+
- 4 Bedroom (~1173–1378 sqft): from ~$3.0M+
- 5 Bedroom / Penthouse: ~$3.8M+ and above
Launch Date: 25 April 2026
Find out more about Vela Bay here.
Recent new launch condos in District 16 and nearby East Coast areas have generally seen strong take-up rates. For example, developments like Bagnall Haus recorded 63% of its units sold during launch, reflecting sustained demand for city-fringe and coastal living.
For more information about Vela Bay, click here.
Tengah Garden Residences (District 24 – Tengah)
Find out more about Tengah Garden Residences.
Tengah Garden Residences is a 99-year leasehold development located along Tengah Garden Avenue in District 24, jointly developed by GuocoLand, Hong Leong, and CSC Land. With around 863 units, it is among the first private residential projects in Tengah, Singapore’s newest “Forest Town”, offering buyers early access to a planned, nature-centric township and setting a benchmark for future condos in the area.
Unit mix and price range:
- 1 Bedroom (~484 sqft): from ~$980K
- 2 Bedroom (~624 sqft): from ~$1.11M
- 3 Bedroom (~797 sqft): from ~$1.588M
- 4 Bedroom (~1,130 sqft): from ~$2.288M
Launch Date: 25 April 2026
Find out more about Tengah Garden Residences.
The Tengah area has seen several Executive Condominium (EC) launches, including Copen Grand, Novo Place, and Otto Place. To date, both Novo Place and Copen Grand have fully sold out, while Otto Place has also achieved approximately 99% sales of its total inventory.
For more information about Tengah Garden Residences, click here.
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