Crafting a Legacy of Excellence
Vela Bay is proudly developed by SingHaiyi Group. SingHaiyi is an award-winning, multi-disciplinary real estate company with global presence.
Formerly listed on the Mainboard of the Singapore Exchange, SingHaiyi's merger with CEL Development created a powerhouse forged on operational know-how, collective capabilities, and an unparalleled network to unleash efficiencies and unlock opportunities.
Our growth is fuelled by our diversified portfolio across portfolio across property development, investment, hospitality and management services, spanning Singapore, Australia/New Zealand, United States, Malaysia and The Maldives.
From an established track record in residential property development to income-generating commercial and hospitality assets, SingHaiyi delivers value across all sectors and geographies.
singhaiyi group
SingHaiyi Group is a Singapore-based real estate developer and diversified property company focused on property development, investment, hospitality and asset management across Singapore and select overseas markets. It has a track record in residential and commercial projects, underpinned by a strategy of sustainable growth, quality execution and value creation. The firm was formerly publicly listed on the Singapore Exchange before privatisation in 2022 and is driven by a management team with deep industry insights and strategic networks.
Past accolades
- Won Top Developer at the EdgeProp Excellence Awards 2024, alongside multiple project-specific honours for design, landscape, innovation and sustainability.
- It's developments such as Parc Komo, TMW Maxwell, Grand Dunman, The Gazania and Kopar at Newton received multiple awards for excellence in design, innovation and sustainability.
- Historically, SingHaiyi projects have also been recognised at the Asian Property Awards and for building quality and sustainability alongside industry accolades