COMMERCIAL PROPERTY | Krisana Gallezo-Estaura, Singapore

Westlite Papan dormitory ready by June

Guess how much the monthly rental rate would be.

Centurion Corp's Westlite Papan, a 7,900-bed dormitory set up in partnership with Association of Process Industry (ASPRI), is expected to be operational by June, said Jarick Seet, Assistant Vice President, Technology & Small-Mid Cap, RHB Research Institute Singapore.

According to Seet, pre-marketing activities have already commenced for the new purpose-built accommodation comprising two 18-storey blocks. Management also expects the take-up rate to be better than that of its Woodlands dormitory, with rental rates likely be capped at SGD280/month for the next three years.

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Westlite Papan dormitory ready by June

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