Wee Hur Holdings (E3B) said on Jun, 9 2026 it has acquired One Bedford Place, a 26-storey Grade-A commercial building with two basement levels in Tai Kok Tsui, Kowloon, for an undisclosed amount.
The company plans to convert the 184,000-square-foot property at 100 Bedford Road into purpose-built student accommodation with about 500 beds, with operations targeted for the first half of 2028, subject to regulatory approvals.
The project is Wee Hur’s second student accommodation investment in Hong Kong after Starvia by Y Suites on Fortress Hill. The building is about a nine-minute walk from Prince Edward MTR Station and within 30 minutes of City University of Hong Kong, Hong Kong Baptist University, Hong Kong Metropolitan University and the Hong Kong Polytechnic University.
The announcement cited Colliers research estimating a shortfall of approximately 120,000 student beds in Hong Kong by 2028.