Money and Me: Is Luxury Senior Housing Singapore’s Next Big Trend?

Singapore is on track to hit super-aged status next year, and the housing market is bracing for change. Hosted by Michelle Martin, today’s show dives into the launch of Perennial Living’s private luxury assisted living project in Kovan, with monthly fees from $8,900 to $17,000. Will this premium model succeed alongside government-led Community Care Apartments, or remain a niche for the ultra-wealthy? We explore the demand, risks, and investor opportunities in this emerging sector. Plus, Michelle and Ivan Cai, CEO, Crestbrick discuss whether more private developers could follow, and what the government’s role should be. Finally, the conversation shifts to Kampong Bugis, a 4,000-home waterfront precinct in the URA’s Draft Master Plan 2025, and why this new approach to development could reshape investor strategies.See omnystudio.com/listener for privacy information.