Market in senior co-living opening up
Possibilities include retrofitting and refurbishing existing facilities, homes, disused or underused spaces
Add BT as a preferred source
WITH Singapore’s fast-ageing society headed towards an impending shortage in senior-friendly housing, a market in alternative accommodation for the elderly is opening up.
One initiative in the works is silver co-living projects, where industry operators have indicated interest, said the Singapore Land Authority (SLA).
On Jun 26, SLA launched a tender for 98 Henderson Road, where a four-storey state-owned building stands on a 77,551 sq ft site. It was formerly the location of Henderson Primary School.
TRENDING NOW
Singapore Kitchen CEO, senior manager charged with alleged fraud, falsifying accounts; both to stay in jobs for now
How the ultra-rich buy property
Profit with purpose: Kim Choo Kueh Chang’s pivot from public listing to protecting heritage
Jardines has survived wars and market collapses. Can it survive the digital age?
