Market Insights ·
Bayshore Residences Is Vela Bay: What Buyers Should Compare
Bayshore Residences usually refers to Vela Bay. Learn how it differs from the future Bayshore Drive project before comparing prices.
Upcoming condo TOP units could add listings after August 2026. Check which four project estimates still match current disclosures.
Ming Chen ·
URA's second-quarter pipeline expects 5,012 private homes to complete in the second half of 2026. A February project sheet placed four large developments in the period after August. Current disclosures support only Pinetree Hill as a fresh late-2026 completion target, so buyers and tenants should wait for new handover notices on the other three.
The supplied Huttons “TOP Projects 2026” sheet, dated 11 February 2026, listed Grand Dunman, Pinetree Hill, The LakeGarden Residences and Hillock Green for completion during the second half of the year. Together, the projects contain 2,308 homes.
Primary sources available on 5 August give a different timetable:
| Project | Homes | February sheet estimate | Current primary disclosure | Planning position after August |
|---|---|---|---|---|
| Pinetree Hill | 520 | 3Q 2026 | SingLand: on track for 2H 2026 | Keep on the late-2026 watchlist |
| Grand Dunman | 1,008 | 3Q–4Q 2026 | SingHaiyi: expected completion in 2028 | Do not plan a 2026 move without a new notice |
| The LakeGarden Residences | 306 | December 2026 | Expected vacant possession by 29 August 2027 | Use 2027 as the planning date |
| Hillock Green | 474 | 2H 2026 | Expected vacant possession by 15 January 2028 | Use 2028 as the planning date |
The dates describe different things. A corporate completion target records the developer's current programme. An expected vacant-possession date provides the later date stated in project sales information. A project can obtain its Temporary Occupation Permit (TOP) before that possession date. A buyer should wait for a new developer notice before using an earlier marketing estimate.
SingLand's 2025 annual report said Pinetree Hill was on track to complete in the second half of 2026. The developer had booked 480 of its 520 homes by 31 December 2025.
Buyers looking for a regular layout should check current developer stock and owner listings. Before TOP, an owner transaction is a subsale of an uncompleted property. After TOP, buyers follow the completed-property process and can inspect the actual unit. Our Pinetree Hill review covers the remaining stock, location and exact-unit checks.
The TOP date and key date can differ. BCA says a TOP allows occupation once a development has met the necessary requirements and agency clearances. The developer still controls block handovers, defect inspections and key appointments, so one project-level announcement does not put every unit on the market that week.
The current SingHaiyi project page gives Grand Dunman an expected completion in 2028. The official project site states expected vacant possession by 31 December 2028. The February forecast of 3Q–4Q 2026 should not drive a lease termination or moving booking without a new developer notice.
The official LakeGarden Residences site states expected vacant possession by 29 August 2027. The official Hillock Green site gives 15 January 2028. Both could finish ahead of those dates. Neither primary disclosure confirms a post-August 2026 handover.
Readers tracking all four projects can use the February sheet as a construction watchlist. They should use the current primary dates for financial commitments.
A project containing 520 homes does not create 520 listings. Owners choose among occupation, rental and sale, while the developer may retain a small stock of unsold units.
| Listing type | Seller or landlord | Buyer or tenant check |
|---|---|---|
| Remaining developer unit | Housing developer | Current price list, actual unit, payment timeline |
| Owner resale after TOP | Original purchaser | Caveat, Seller's Stamp Duty date, defects and title |
| Rental listing | Owner or agent | Key availability, defects, inventory and lease start |
Owners who purchased these projects in 2023 fall under the three-year Seller's Stamp Duty (SSD) holding period that applied to homes bought from 11 March 2017 to 3 July 2025. Each seller must check the acquisition and disposal dates. TOP does not start or end the SSD clock.
The resale condo due-diligence checklist sets out the title, transaction and inspection checks. A buyer considering remaining stock should use the separate guide to buying a completed new launch.
Pinetree Hill can add rental choice around Pine Grove, Mount Sinai and Dover if several owners collect keys in the same period. A renter gains the most choice after the first batch of defect checks and fit-outs, rather than on the TOP announcement date. A landlord in an older nearby project should compare asking rents against the first furnished listings, not against Pinetree Hill's launch prices.
Grand Dunman would have a larger local effect because it contains 1,008 homes near Dakota MRT. Current primary sources place that effect later than the February 2026 sheet suggested. The LakeGarden Residences and Hillock Green also belong in later rental-supply planning until their developers publish earlier handover notices.
URA's latest aggregate remains the wider benchmark. Its second-quarter 2026 statistics show 5,012 private units expected to complete in 2H2026, based on dates reported by developers. The four projects in one marketing sheet account for only part of that island-wide total.
Check the dates in this order:
BCA explains the occupation threshold on its TOP and CSC application page. Buyers who need documentary confirmation can ask a lawyer about BCA's legal requisition service.
Pinetree Hill deserves attention after August because its developer has kept a second-half 2026 corporate target. The other projects need a fresh primary notice before a buyer, owner or tenant commits money to a 2026 handover.
Sources: Huttons, “TOP Projects 2026” (11 February 2026, user-provided PDF); URA, second-quarter 2026 real estate statistics; BCA, application for TOP or CSC; Singapore Land Group Annual Report 2025; SingHaiyi, Grand Dunman; The LakeGarden Residences; Hillock Green; IRAS, Seller's Stamp Duty.
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