Future of student hostel market in Singapore has no textbook answer
Attraction for investing in this asset class less clear as rental income from co-living spaces, HDB flats, condos can be relatively stronger; current licensing rules also a deterrent
Singapore
WHEN marketing agents tout shop-houses or mixed-use buildings, a few have advertised that these private properties could convert the approved use to student hostels.
But whether that bait works is debatable. The investor demand for such student hostels in Singapore, which typically house students not yet in university, may not be as robust as that in Western markets yet.
TRENDING NOW
Fed hike throws Singapore banks a margin lifeline; UOB most likely to feel impact
He built the Vingroup empire. Now South-east Asia’s richest man is handing some key roles to his sons
Real-estate veteran Desmond Sim quits from CEO roles at Realion, ETC
Chagee, Mixue and Luckin won the market. Sustaining their edge is the harder part
