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
DBS Q2 net profit rises 9% to record S$3.08 billion as wealth fees surge
Stocks to watch: DBS, Keppel, CapitaLand Ascendas Reit, CapitaLand Ascott Trust, CAReit, CSE Global, Coliwoo
UOB CEO’s youngest child Grant Wee turns burnout into a wellness business
Yeoh Pei Xien: YTL’s third-gen scion with a pastor’s heart