URA Lifts Hospitality Ban in Boat Quay; Bidadari Flat Hits $1.15M at MOP
Published 6 June 2026 · Covers news from 5 Jun to 6 Jun
URA has removed its longstanding ban on new hotels, hostels, and serviced apartments in the Boat Quay and Beach Road areas, opening those zones to hospitality development. Separately, the first resale flat in a newly MOP-eligible Bidadari project has transacted at S$1.15 million, signalling demand in that estate.
- URA has lifted its ban on new hotels, hostels, and serviced apartments in the Boat Quay and Beach Road areas, according to The Business Times, potentially changing the development mix in those central districts [2].
- The first resale flat in a newly MOP-eligible Bidadari project has sold for S$1.15 million, according to 99.co, marking an early data point for what buyers may expect from that estate as more units enter the resale market [6].
- EdgeProp reports that freehold District 9 apartment block Cavenagh Fortuna has been put on the market for S$60 million, representing a collective-sale-style opportunity in the Orchard/River Valley corridor [5].
- A couple upgraded from a five-room Bukit Batok BTO to a 1,927 sq ft three-bedroom unit at Hillington Green for approximately $2.7 million, selling their flat at valuation for $928,000 within one month — Stacked Homes notes they chose an older resale condo over a new launch despite a $2.5 million starting budget [1].
- Stacked Homes rounds up five three-bedroom condos still available below $1.3 million — including Central Imperial, Lilydale, Symphony Suites, La Casa, and Northwave EC — spanning multiple districts for buyers seeking lower price quantum in this segment [3].
Sources
- [1]
- [2]URA lifts ban on new hotels, hostels and serviced apartments in Boat Quay, Beach Road areas - The Business Times
Google News — Singapore property · 05/06/2026
- [3]Here Are 5 Of The Cheapest 3-Bedroom Condos You Can Still Buy — From Under $1.3M
Stacked Homes · 05/06/2026
- [5]Freehold District 9 apartment block Cavenagh Fortuna on the market for $60 mil - EdgeProp.sg
Google News — Singapore property · 04/06/2026
- [6]First resale flat in newly MOP-ed Bidadari project sells for S$1.15M - 99.co
Google News — Singapore property · 03/06/2026
Note: This insight was AI-synthesised from the sources above. We don't predict prices or recommend buy/sell timing. For decisions on a specific property, talk to a CEA-registered agent. Nothing here is financial or investment advice.