The Business Times
business-time-50
TOPLINE

Wee Hur gears up for growth with bigger ambitions

Group’s chiefs consider its workers’ dormitory and construction businesses as key drivers of future growth

Summarise
google-preferred-sourceAdd BT as a preferred source
Ranamita Chakraborty

Ranamita Chakraborty

Published Mon, Oct 20, 2025 · 07:00 AM
阅读简体中文版 (beta)
    • Goh Yeow Lian, Wee Hur’s executive chairman and managing director (left) and Goh Wee Ping, chief executive officer of Wee Hur’s fund management arm Wee Hur Capital, are steering the mainboard-listed property developer through headwinds across its business segments.
    • Goh Yeow Lian, Wee Hur’s executive chairman and managing director (left) and Goh Wee Ping, chief executive officer of Wee Hur’s fund management arm Wee Hur Capital, are steering the mainboard-listed property developer through headwinds across its business segments. PHOTO: WEE HUR

    [SINGAPORE] Property developer Wee Hur is planning to launch another student housing strategy in Australia, with planning underway for a potential rollout in the third or fourth quarter of 2026.

    The move follows the Singapore-listed company’s divestment of seven purpose-built student accommodation (PBSA) properties under its first PBSA Master Trust (Fund I) for A$1.6 billion (S$1.3 billion) to global investor Greystar in April 2025.

    Wee Hur was able to monetise a substantial portion of its investment and re-allocate capital to new opportunities, while retaining a 13 per cent stake in the portfolio.

    ToplineWee HurConstruction

    TRENDING NOW

    Canadian Prime Minister Mark Carney speaking at a press conference in Ottawa, on Aug 22, after trade talks with the US collapsed.

    Canada’s fight with the US has far bigger stakes than trade

    Bali’s property market has been on a tear since the pandemic, with the tourism rebound and strong foreign demand driving prices higher.

    Can Bali swop beach capital for global capital without the skyscrapers?

    Stripe’s Tyler Bryson says he sees an opportunity for the firm to provide different billing systems for AI firms, as demand continuously increases.

    Stripe’s Apac business should grow faster than any other region, says its chief revenue officer

    “I consider myself lucky. I don’t consider myself successful,” says Ng Yih Pyng, the second-generation leader of Tomei Consolidated.

    What’s luck got to do with it? Everything, says Malaysian jewellery king Tomei’s chief

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More