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Centurion Corporation’s revenue grows 13% y-o-y to $69.05 mil for 1QFY2025

Nicole Lim
Nicole Lim • 2 min read
Centurion Corporation’s revenue grows 13% y-o-y to $69.05 mil for 1QFY2025
Revenue growth was driven by positive rental reversions across markets and occupancies in Singapore and the UK. Photo: Albert Chua/The Edge Singapore
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Centurion Corporation has reported a 13% y-o-y revenue growth for 1QFY2025 ended March 31, 2025 of $69.05 million.

This was driven by positive rental reversions across markets and occupancies in Singapore and the UK.

Revenue for the group’s purpose-built worker accommodation (PBWA) segment grew 15% to $53.4 million in 1QFY2025 — in Singapore, average occupancy remained at 99%, excluding Westlite Ubi which became operational in December. Including Westlite Ubi, the group’s average financial occupancy for Singapore stood at 98%.

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