HS Optimus Plans Purpose-Built Student Housing at Carlton Property in Melbourne

MT Newswires

2024/12/06

HS Optimus (SGX:504) has submitted a planning permit application to Melbourne City Council for its 3,745-square-meter property at 23-31 Lincoln Square South, Carlton, which is being planned to be developed into purpose-built student accommodation, according to a Thursday filing on the Singapore Exchange.

The site, near the University of Melbourne and RMIT, is well-connected by public transport, the company said.

HS Optimus expects strong demand for student housing in the area due to Melbourne's high livability and prominent educational institutions.

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