The Business Times
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Dormitories

Property

Singapore worker dorm rents could rise 5% in 2026 after a H2 2025 dip, as mandated upgrades roll out

2026-03-22T08:00:00.000Z
The proposed works will add 540 beds to the Westlite Ubi dorm.
Companies & Markets

Centurion Accommodation Reit gets in-principle approval for Westlite Ubi dorm expansion

2026-02-10T14:29:47.000Z
Investor enthusiasm is being fuelled by Hong Kong’s push to position itself as a higher-education hub for mainland Chinese students.
Property

Hong Kong student dorms lure PEs in HK$3.2 billion investment rush

2025-11-17T00:47:59.000Z
Founded in 2009, TS Group develops and operates large-scale communities for foreign workers and the elderly, according to its website.
Property

TS Group owners weigh sale of S$500 million controlling stake in Singapore dormitory firm: sources

2025-11-10T06:36:45.000Z
Dormitory rates are likely to stay elevated over the medium to long term, says a report by Knight Frank and Dormitory Association of Singapore Ltd.
Property

Singapore worker dormitory rents up 81.5% since 2019 as demand and costs grow: report

2025-09-08T08:45:07.000Z
Westlite Tampoi is one of the worker dormitories that Centurion manages in Johor.
Companies & Markets

Centurion unit acquires Johor dorm operator for RM110.8 million, ups bed capacity by 25%

2025-09-02T15:17:54.000Z
Centurion's Q1 FY2025 revenue rose 13% year-on-year to S$69 million, driven by higher rental rates for its Singapore dormitories.  Pictured is the company's chief executive Kong Chee Min.
Companies & Markets
BROKERS’ TAKE

Centurion seen as small-cap ‘jewel’ amid demand for dormitory spaces, potential Reit listing

2025-05-26T07:33:07.000Z
Tee Up Capital CEO Kelvin Low at the company’s flagship PPT Lodge 1A dormitory in Seletar North.
Singapore
ENTERPRISE 50

Building better housing for Singapore’s migrant workers

2025-03-12T21:00:00.000Z
A potential deal could value Avery Lodge at S$750 million.
Property

Investors bet big on worker dormitories amid rising rents and supply crunch

2025-02-05T05:48:55.000Z
The deal is the latest in a string of transactions that have seen planned office projects ditched in favour of alternative uses including hotels and student accommodation.
Property

Blackstone’s iQ buys defaulted London office for dorms

2024-12-12T01:01:52.000Z
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