Bayfancy Residence
An 18-storey apartment building on Lot 20092, Hulhumalé Phase 2, by the Singapore developer Bayfancy PTE LTD: started December 2024, topped out October 2025, with a whole amenity floor on level 17.
Not yet a Binga listing: sold by its developer. Details are as published by the developer and checked by the desk; figures in the pieces are dated.
The desk on Bayfancy Residence
- 01Bayfancy Residence as an investment: the rent each home has to earn
At today's starting prices a Bayfancy 1+1 needs about MVR 18,750 a month in rent to earn a 6 per cent gross return, and a 3+1 about MVR 36,150. Here is how that compares with what homes in Hulhumalé are asking, and what else to weigh.
- 02Buying at Bayfancy Residence: the steps, and where the concierge can help
How to buy an apartment at Bayfancy Residence from first enquiry to keys, the questions to settle at each step, and how Binga's concierge can help you compare, check the contract and let the home after handover.
- 03Bayfancy Residence, the full story: from the first pile to a June 2027 handover
Everything about Bayfancy Residence in one place: the Singapore developer behind it, the 18-storey building on Lot 20092 in Hulhumalé Phase 2, every milestone since piling began in December 2024, the handover date as it has moved, prices then and now, and what is left before keys in June 2027.
- 04Bayfancy Residence, the address: Lot 20092 in Hulhumalé Phase 2
Bayfancy stands on Lot 20092 in Hulhumalé Phase 2, next to Blue Lagoon Luxury Residences, in a part of Hulhumalé still filling in. What living there looks like today and as the neighbourhood is built out.
- 05Bayfancy Residence, the building: 18 floors on 350 piles, with a whole floor for residents
What Bayfancy Residence is made of: an 18-storey tower over a basement on Lot 20092 in Hulhumalé Phase 2, standing on more than 350 deep piles, with no shops inside, a double-height lobby and an entire 17th floor of shared amenities.
- 06Bayfancy Residence, units and prices: five layouts, and what has changed since launch
Bayfancy's layouts run from a 735 sq ft 1+1 to sky villas of over 6,000 sq ft. Starting prices have risen since sales opened in May 2025: the 1+1 from MVR 3.5 million to 3.75 million, the 3+1 from MVR 6.2 million to 7.23 million.