Property Hunter Magazine Issue 63- February 2015

HOT TOPIC | Investing in Student Accommodation INVESTING IN Student Accommodation Student accommodation has changed in the past few years. Gone are the rudimentary digs with bare bones furnishings and utilities. Today’s accommodation commands a much higher standard with some even located within buildings complete with gyms, cafes and other lifestyle comforts. S tudent housing and investment in more matured markets like the UK, USA and Australia have ballooned from a fringe investment some ten years ago to being a global market worth billions today. T According to the United Nations Educational, Scientific and Cultural Organisation, the boom in undergraduate 12 www.PropertyHunter.com.my study has resulted in the number of people entering higher education rising from 19 per cent to 29 per cent over the past decade. All estimates suggest that this growth will continue, albeit at a slower pace In the book Making a Difference: Australian International Education (2012), contributor and higher education consultant Bob Goddard reckons that the number of

Property Hunter Magazine Issue 63- February 2015 | Page 12