Our Journey – Wee Hur Holdings

Our Journey

From Singapore’s skylines to global asset platforms

Wee Hur Holdings is an integrated real estate and investment platform with deep capabilities across the real estate built environment. Our businesses span construction, property development, hospitality operations, real estate fund management and alternative investments, combining operating expertise with disciplined capital allocation to develop, own and grow enduring businesses. Our diversified portfolio includes large-scale workers’ accommodation, purpose-built student accommodation, an international school and a hotel.

With a growing presence across Singapore, Australia and Hong Kong, we identify opportunities where our experience, execution capabilities and long-term perspective can create sustainable value for our stakeholders.

  • 2026
  • 2020 - 2025
  • 2010 - 2019
  • 1980 - 2009

2026

Advancing our position as a regional PBSA player

Wee Hur expanded its purpose-built student accommodation (PBSA) footprint into Hong Kong with the launch of Starvia by Y Suites, alongside plans to convert One Bedford Place in Kowloon into a PBSA asset of approximately 500 beds.

The Group also marked its entry into Singapore’s PBSA market, securing a project to develop and operate a 1,398-bed student accommodation facility at Nanyang Technological University’s (NTU) Yunnan campus. Targeted to commence operations in 2029, the project will be the first Y Suites development in Singapore.

Together, these milestones extend Wee Hur’s established Australian PBSA platform into Hong Kong and Singapore, advancing its ambition to become a leading regional PBSA player across key education markets in Asia-Pacific.

2025

Launch of S$500 Million MTN Programme and a Homecoming

Wee Hur established its inaugural S$500 million Medium Term Note (MTN) Programme, with an initial issuance of S$205 million, strengthening the Group’s financial flexibility and diversifying its funding sources.

The year also marked a renewed focus on Singapore, with the award of the Upper Thomson Road (Parcel A) Government Land Sales (GLS) site for a 596-unit mixed-use development. The Group also expanded into the education sector through its investment in Wycombe Abbey School Singapore, a planned international school in Hougang with a capacity of 1,800 students.

In hospitality, Wee Hur made a strategic minority investment in the redevelopment of the 344-room former Hotel Miramar along Havelock Road into Singapore’s first DoubleTree by Hilton, further diversifying its portfolio and strengthening its presence in its home market.

2024

2nd billion dollar transaction of student accommodation portfolio to global institutional investor, Greystar

On 16 Dec 2024, Wee Hur sold all PBSA properties under Fund I to Greystar for A$1.6 billion, while retaining a 13% stake to maintain exposure to the sector’s long-term income and growth potential.

2023

Ventured into greenfield land subdivision development in Australia

Wee Hur expanded into greenfield land subdivision development in Australia to capture long-term value and meet rising housing demand through sustainable, well-planned communities.

As of 2026, we have established a land subdivision pipeline of over 2,300 residential lots across Southeast Queensland, Australia.

2022

1st billion dollar transaction of student accommodation portfolio to Singapore’s sovereign wealth fund, GIC

On 22 April 2022, the Group announced the disposal of a 49.9% stake held by the Company and other investors in Wee Hur PBSA Master Trust  (“Fund I”) to Reco Weather Private Limited which is part of the GIC group.

2021

Established alternative investment business

In 2021, Wee Hur established KK39 Ventures to invest in venture capital funds, private equity funds, and private credit funds. In 2025 established KKX Capital to invest in private equity opportunities and KK39 Partners as a general partners stake business. These business units are the group’s platform for innovation, to identify early-stage opportunities and curate long-term value.

2020

Set-up of student accommodation operations business - Y Suites

Wee Hur launched its own operations brand to manage the growing student accommodation portfolio. The in-house operations enabled the delivery of proactive student-centered solutions with deep care for well-being and comfort.

2017

Set up Fund Management company

The Fund Management business was established to originate and manage the portfolio of student accommodation assets. Managing these assets and building resilient income generating portfolios have since become core pillars of Wee Hur’s DNA.

2016

Embarked on a new growth platform – Set up of Australia focused purpose-built student accommodation Fund

In December 2016, Wee Hur established its first purpose-built student accommodation fund to develop a portfolio of assets across the major cities of Australia.

As of 2026 the group has developed 8 assets with over 6,000-beds via a greenfield approach. Wee Hur continues to grow this strategy as one of industry’s pioneers.

2014

Beyond Singapore by establishing overseas property development and investment business

In 2014, Wee Hur entered the Australian market with the acquisition of three land parcels in Woolloongabba and an office building at Ann Street in Brisbane, marking its first overseas property development venture. Since then, Wee Hur has furthered its planning capabilities and developed multiple student accommodation assets across the states of Sydney, Melbourne, Brisbane, Adelaide and Canberra.

2013

Ventured into workers' dormitory

We started our first investment property in 2013 by developing a large-scale purpose-built workers’ dormitory, Tuas View Dormitory, at Tuas South Avenue One. The dormitory has the capacity to house 16,800 workers for all industries.

In 2025 Pioneer Lodge dormitory in Soon Lee Road was operationally ready, catering to 10,500 workers. Today Wee Hur has one of the largest foreign worker dormitory portfolio in Singapore.

2009

Ventured into property development

Since 2009, Wee Hur has expanded into property development with industrial projects such as: Harvest@Woodlands, Premier@Kaki Bukit, Mega@Woodlands, and residential projects such as: Villas@Gilstead, Urban Residences, Parc Centros, Parc Botannia, Bartley Vue, Upper Thomson.

2008

Listed on the SGX Mainboard

The construction business underwent a restructuring exercise to become a wholly owned subsidiary of Wee Hur Holdings, which was listed on the Mainboard of the Singapore Exchange on 30 January 2008.

1980

Wee Hur was founded with roots in construction

Founded in 1980, Wee Hur’s construction business has grown into a leading BCA A1 contractor, delivering diverse public and private projects. These projects span across residential, commercial, institutional and heritage developments.

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