Singapore’s ageing population offers developers opportunities to build private senior homes despite challenges, according to a report by a property consultancy firm.
In making its case, the report ticked off several key facts: One in four Singaporeans will be 65 years or older by 2030; lifespan at 65 improves 1.9 years to 20.8 years in 2016; more elderly-friendly public infrastructure will be built; retiree household income will rise, especially for the more well-to-do; and currently there's a shortage of private housing for seniors in Singapore.
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Tuesday, October 31, 2017
Wednesday, October 18, 2017
COLLECTIVE SALES – A SUCCESSFUL MODEL FOR URBAN REJUVENATION
The number of successful collective sales in the last six months has attracted much media attention. Most analysts focus on the high prices paid by developers or the substantial additional supply that could result as the sites are redeveloped.
Collective sales are a successful model for urban rejuvenation and developers' exuberance is indicative of Singapore's competitiveness and prospects. Recent increase in housing grants and policy changes are positive for sentiment. In the first quarter of 2017, two separate policy changes lifted buyer sentiment in the private residential market.
More further reading to the link click here.
Collective sales are a successful model for urban rejuvenation and developers' exuberance is indicative of Singapore's competitiveness and prospects. Recent increase in housing grants and policy changes are positive for sentiment. In the first quarter of 2017, two separate policy changes lifted buyer sentiment in the private residential market.
More further reading to the link click here.
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