My UNBIASED Thoughts On The First Bayshore Land Parcel | Vela Bay New Launch Review |

Video description from @marcusluahsg

In this video, I share my honest thoughts on Vela Bay and why this new launch has become such a polarising project for buyers. We’ll walk through a quick project overview before addressing the real reasons many buyers are hesitant, including concerns around estate maturity, first-launch risk, and whether the PSF is too high for an OCR development.

I’ll also break down the price matrix and compare Vela Bay against nearby and recent upcoming launches like Pinery Residences, using Seaside Residences as a key pricing benchmark. Beyond opinions, we’ll look at actual past and present transactions, and assess future supply from upcoming GLS sites around Bayshore Drive and Bedok Rise to understand where price support may come from.

Finally, I’ll explain why some buyers are still choosing to enter early, including the first-mover advantage, mass appeal, and the lifestyle factors tied to seafront living. If you’re deciding whether Vela Bay makes sense for you — whether to buy now, wait, or skip — this video will help you form a clearer, more grounded view before making your decision.

TimeStamp:
0:00 Introduction
2:07 Video Sequence
3:03 Rapid Fire Project Overview
3:50 Reasons Why People Won't Buy Vela Bay
6:01 Price Matrix
6:32 Pinery Residences
6:51 River Modern
7:30 Debunking The Myths
7:29 Myth 1 Estate Isn't Mature Yet
8:18 Myth 2 First Launch Highest Risk
8:36 Myth 3 PSF Too High For OCR Property
9:08 Seaside Residences PSF Pricing
10:02 Reasons Why People Will Buy Vela Buy
10:05 Price Support
10:40 Past Transactions Using Seaside Residences
12:11 Present Transactions Using Bagnall Haus & The Continuum
13:00 Future Supply Bayshore Drive GLS
13:29 Price Gauge Comparison Using Bedok Rise GLS
13:50 The Benefits Of Entering As A First Mover Advantage
14:47 Mass Appeal
16:10 Lifestyle & Seafront Living
17:02 Final Thoughts

For more videos like this, do subscribe to us here!
DM for enquiries - https://linktr.ee/Keepitrealwithmarcus

Connect us on your socials:
Ask Me Anything here (NGL) - https://ngl.link/marcusluah
Tiktok - https://www.tiktok.com/@marcusluahsg/
Instagram - https://www.instagram.com/marcusluah/
Facebook - https://www.facebook.com/Luahmarcus/
Telegram - https://t.me/KeepItRealEstateSG
Website - https://keepitreal.com.sg

#islandlife #sgrealestate #sghomes #realestate #dreamhome #realtor #property #realestateagents #realstate #realestateinvestor #lifestyle #propertyagent #singapore #singaporelife #property #realestateagents #realstate #realestateinvestor #lifestyle #propertyagent #marcusluah #keepitrealestatesg #velabay #condo #velabayreview #pricing #velabaynewlaunch #velabaybayshore #bayshore #bayshorecondo #bayshorenewlaunch #seafront #ocr #firstmover