The Business Times
SUBSCRIBERS

Fresh prospects in Australian student housing for Wee Hur

Flexible and nimble property group turns crisis into opportunity, finding a new growth avenue thanks to its close-knit extended family.

google-preferred-sourceAdd BT as a preferred source
Published Sun, Apr 21, 2019 · 09:50 PM

    Singapore

    "A CRISIS is also an opportunity." So goes the Chinese proverb that local property group Wee Hur Holdings took to heart when a dip in the market here threatened its business in 2014.

    Rather than digging its heels in amid the downturn, the mainboard-listed group chose to look overseas and has since found a new growth avenue in the purpose-built student accommodation (PBSA) market in Australia.

    Topline

    Copyright SPH Media. All rights reserved.

    Reuse this contentFeedback
    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