As Singapore’s population ages, the need for senior-friendly housing options grows. Discover the new affordable apartments designed specifically for the elderly in 2024.
The Rising Demand for Senior Housing
According to the Department of Statistics, around 1 in 4 Singaporean residents will be aged 65 and above by 2030. This demographic shift has spurred the development of specialised senior living facilities to accommodate the nation’s rapidly greying population.
While upscale retirement resorts cater to the affluent elderly, affordable public housing that caters to the needs of seniors with moderate incomes and assets is becoming increasingly crucial. The Housing & Development Board (HDB) is leading the charge with its new line of senior-friendly apartment projects launching in 2024.
HDB’s Purpose-Built Senior Living Apartments
These newly constructed apartment complexes are designed from the ground up to provide safe, secure and low-maintenance independent living for the elderly:
Choice Central Locations & Affordable Pricing
Unlike typical suburban HDB projects, these senior-friendly apartments are strategically located in mature central estates like Tiong Bahru, Kallang and Bukit Merah to facilitate mobility and connectivity for the elderly.
To ensure affordability, a new “Assisted Living” scheme provides the opportunity for seniors to purchase a 30-40% share of these new apartments at highly subsidised rates starting from $60k for a studio unit. Additional subsidies further lower costs for lower-income elderly.
Interested seniors can apply for these new assisted living apartments directly through HDB or participate in an Annual Senior Apartment Application exercise organised with their respective town councils.
A Holistic Approach to Senior Care
Beyond just housing, these urban “senior villages” integrate a holistic suite of elderly care services and health resources through community partnerships:
With such comprehensive support systems in place, Singapore’s lower and middle-income senior citizens can now look forward to ageing gracefully in a safe, well-appointed environment while maintaining their independence and social connectedness well into their sunset years.
Cookie | Duration | Description |
---|---|---|
cookielawinfo-checkbox-advertisement | 1 year | The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Advertisement". |
cookielawinfo-checkbox-analytics | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics". |
cookielawinfo-checkbox-functional | 11 months | The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". |
cookielawinfo-checkbox-necessary | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary". |
cookielawinfo-checkbox-others | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other. |
cookielawinfo-checkbox-performance | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance". |
elementor | never | No description available. |
viewed_cookie_policy | 11 months | The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data. |
Cookie | Duration | Description |
---|---|---|
_ga | 2 years | This cookie is installed by Google Analytics. The cookie is used to calculate visitor, session, campaign data and keep track of site usage for the site's analytics report. The cookies store information anonymously and assign a randomly generated number to identify unique visitors. |
_ga_FPHEVW83YC | 2 years | This cookie is installed by Google Analytics. |
_ga_R039R3FLXX | 2 years | This cookie is installed by Google Analytics. |
_gac_UA-203113879-2 | 2 years | This cookie is installed by Google Analytics. |
_gat_UA-203113879-2 | 2 years | This cookie is installed by Google Analytics. |
Cookie | Duration | Description |
---|---|---|
_fbp | 3 months | This cookie is set by Facebook to deliver advertisement when they are on Facebook or a digital platform powered by Facebook advertising after visiting this website. |
fr | 3 months | The cookie is set by Facebook to show relevant advertisments to the users and measure and improve the advertisements. The cookie also tracks the behavior of the user across the web on sites that have Facebook pixel or Facebook social plugin. |