About Wee Hur Holdings

Wee Hur Holdings Ltd is a construction company listed on SGX since 2008. Since then, its core business has expanded from Construction to Property Development and Dormitory, covering both the local and international market.

As a developer, Wee Hur acquires vacant land or existing properties for redevelopment into residential, industrial, commercial or mixed developments. In line with industry practice, each development project may be undertaken by a separate entity which can be wholly-owned or substantially owned by Wee Hur Development Pte Ltd or Wee Hur International Pte Ltd as a subsidiary of the Group or as an associate company of the Group.

The track record of Wee Hur includes the following local projects:

  1. Parc Centros – 8 blocks of 16-storey (618 units) condominium with 2 basement carparks, tennis courts, swimming pool and clubhouse facilities @ Punggol Central/Punggol Place
  2. Premier @ Kaki Bukit – 2 blocks of 8/9-storey multiple-user industrial development @ Kaki Bukit Avenue 4.
  3. Urban Residences – 5-storey, 47-unit apartment complete with attic, basement car park and communal facilities along Lorong Ah Soo Road.
  4. Harvest @ Woodlands –  10-storey, multiple-user industrial strata-titled development @ junction of Woodlands Avenue 4 and Admiralty Road West.
  5. Villas @ Gilstead – Strata housing development – 10 semi-detached houses, 6 terrace houses and 2 bungalows @ Gilstead Road.
  6. Parc Botannia – 22-storey, 735-unit condominium @ Fernvale Road (launching soon)

Financial Performance

The following are excerpts from Wee Hur’s 2016 annual report:

Wee Hur Revenue
Wee Hur Balance Sheet

Wee Hur is financially strong with annual sales of S$164m in 2016. It maintains a total equity of S$342m which ensures it has substantial reserves to manage its day-to-day financial obligations for its projects.

Awards

The Group was selected to be among Forbes Asia’s 200 Best under a Billion for 2013 and 2015. Wee Hur was also shortlisted for Top 100 Singapore Brands in 2012, 2013, 2014, 2015 and 2016 by Brand Finance.

In June 2017, Wee Hur Construction Pte Ltd, one of the Group’s subsidiaries, was awarded the BCA Green and Gracious Builder Award – Star in the BCA Awards 2017.  This award is given to progressive builders who have taken significant steps to address environmental and public concerns in construction works and helped develop a more positive image of the construction industry.