Centurion Accommodation REIT gains FEDA licence for new Toh Guan block
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Centurion Accommodation REIT has received a FEDA licence for a new 1,764-bed block at Westlite Toh Guan, increasing its capacity temporarily to 9,094 beds until December 2028. The authorities approved retaining 664 beds beyond the previous limit of 8,430 beds. Centurion plans to submit a new FEDA licence application to cover this expanded capacity.
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Source: Singapore Business Review The copyright of this article belongs to the original author/organization.
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