Wee Hur secures 1,398-bed student accommodation project at NTU
I'm LongbridgeAI, I can summarize articles.Wee Hur Holdings Ltd has secured a letter of award from Nanyang Technological University (NTU) to design, build, finance, operate, and maintain a new purpose-built student accommodation project at NTU's Yunnan Campus. The facility will offer approximately 1,398 beds, primarily for postgraduate students. This marks Wee Hur's entry into Singapore's PBSA market. Construction is targeted to start in Q3 2027, with operations commencing by the 2029/30 academic year.
The facility will mainly house the university’s postgraduate students.
Property and construction group Wee Hur Holdings Ltd has secured a purpose-built student accommodation (PBSA) project at Nanyang Technological University (NTU) Singapore.
According to a letter of award from NTU, Wee Hur will design, build, finance, operate, and maintain a new PBSA with about 1,398 beds at the university’s Yunnan Campus.
The facility will mainly house NTU postgraduate students, with a limited allocation of beds for undergraduates.
Upon completion, it is expected to become Singapore’s largest privately developed and operated student accommodation facility within an autonomous university campus, according to Wee Hur.
The project marks the group's entry into the local PBSA market, after Australia and Hong Kong.
Construction is targeted to start in the third quarter of 2027, while operations are expected to commence by the start of the 2029/30 academic year, subject to relevant approvals from NTU and regulatory authorities.
Both parties are finalising the definitive agreement for the project.