Singapore – Development Properties
The local property development and investment business is undertaken by Wee Hur Property Pte Ltd (WHP), a wholly-owned subsidiary of Wee Hur Holdings Ltd.
WHP acquires vacant plots of land or existing properties which have re-development potentials and develop them into either residential, industrial, commercial or mixed development in accordance to the approved use of these land parcels by the relevant authorities.
The developments may comprise strata titled units which can be sold individually or be held as investment properties for recurring income.
Each development project may be undertaken by a separate entity which can be wholly-owned by WHP or co-owned with Joint Venture Partners.
Australia – Development Properties
Wee Hur (Australia) Pte Ltd. oversees the Group’s development projects in Australia, this includes the development of the Group’s student accommodation portfolio.
Current projects include Park Central in Brisbane, a mixed-use development with Development Approval (“DA”) obtained for residential, PBSA, commercial, and retail components.
Since 2023, the Group has expanded into residential land subdivision, acquiring three land parcels in Queensland with another in progress.
– In Lowood, DA has been secured for 358 lots, with infrastructure works set to begin.
– In Cryna, DA for over 2,000 lots is targeted for approval by mid-2026.
