Purpose-Built Student Accommodation (PBSA)


Far East Orchard's 1Q earnings dive 74% to $0.9 mil as hospitality business takes hit from Covid-19

SINGAPORE (May 8): Developer Far East Orchard saw its earnings plunge 73.5% to $0.9 million for 1QFY2020 ended March from $3.4 million last year. 

Broker's Calls

RHB remains 'neutral' towards Centurion despite its Covid-19 bug

SINGAPORE (Apr 29): RHB Securities is maintaining its ‘hold’ call on housing operator Centurion Corp, but at a revised target price of 41 cents.

Broker's Calls

Centurion to stay resilient despite digs to its student and workers' accommodation : DBS

SINGAPORE (Apr 22): DBS Group Research is maintaining its “hold” call on housing operator Centurion Corp at a target price of 41 cents.

Broker's Calls

SPH kept at 'hold' as media business continues to slide: UOB Kay Hian

SINGAPORE (Jan 6): UOB Kay Hian is raising its target price for Singapore Press Holdings (SPH) by 2.2% to $2.30, after the group in December last year acquired seven purpose-built student accommoda

Broker's Calls

SPH kept at 'buy' by UOB as Chinese students look towards the UK for higher education

SINGAPORE (June 6): UK universities could benefit from the US-China trade war that has prompted China to issue an official warning to students hoping to study in US universities, says UOB KayHian.

Broker's Calls

UOB KayHian remains positive as SPH turns to student accommodation to arrest flagging media business

SINGAPORE (Apr 23): Despite continued weakness in its core media business, UOB Kay Hian is staying positive on Singapore Press Holdings (SPH) on the back of its foray into the student accommodation


SPH expands UK student dorm portfolio with $237 mil acquisition

SINGAPORE (Apr 16): Singapore Press Holdings (SPH) announced that its wholly-owned subsidiaries, Straits Five, Straits Six and Straits Eight, have acquired a portfolio of Purpose-Built Student Acco


SPH acquires UK student accommodation portfolio for $321 mil

SINGAPORE (Sept 10): Singapore Press Holdings (SPH) has acquired a student accommodation portfolio in the UK for $321 million.


Wee Hur acquires residential block in Sydney for $52.6 mil to redevelop into student dorm

SINGAPORE (June 4): Wee Hur Holdings announced that its 68.97%-owned Wee Hur PBSA Master Trust, through its wholly owned sub-trust, WH Gibbons Trust, is acquiring a freehold residential block at 13