Wee Hur Enters Hong Kong Student Accommodation Market

MT Newswires

06/05

Wee Hur (SGX:E3B) has made a foray into Hong Kong's purpose-built student accommodation (PBSA) market through a joint venture with Starvia Holdings, according to a Friday filing with the Singapore Exchange.

The company has secured a master lease over Starvia by Y Suites on Fortress Hill, which comprises 246 beds across 19 stories. Leasing expected to start in the second half of 2026.

The move expand the company's PBSA portfolio and grants it entry into a new market, while addressing Hong Kong's forecasted PBSA shortfall of around 120,000 beds by 2028.

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