Singapore's First Private Assisted Living Project to Be Ready by 2026

It is set to expand eldercare options here; operator to tap expertise it gained in China

- Lee Li Ying

SINGAPORE/CHINA - Seniors looking for elderly-friendly housing with care services will be able to sign up for a pilot private assisted living project in Parry Avenue in Kovan by the third quarter of 2025, and expect to move in by the first quarter of 2026, said the operator appointed to run the facility.

A subsidiary of integrated real estate and healthcare company Perennial Holdings won the bid to manage the project in June 2023.

The development is set to expand eldercare options in a rapidly ageing Singapore for those who may not need the extensive care from a nursing home, but still require some assistance.

The privately operated facility—a new housing-cum-care model that the Ministry of Health and the Urban Redevelopment Authority are co-creating with industry players—resembles publicly run assisted living developments such as the community care apartments in Bukit Batok and Queensway.

While the Parry Avenue project is set to be Perennial's first foray into the eldercare sector in the Republic, the company has a decade of experience in both health and eldercare in China, after expanding into the market in 2015.

In China, it has a portfolio of medical care facilities that span general, rehabilitation, specialist and nursing hospitals, and elder-care facilities that span independent living, assisted living, nursing homes and dementia care. Its portfolio comprises more than 25,000 beds, of which about 16,000 are operational and over 9,000 are in the pipeline.

The company brought a group of journalists on a press trip to visit its health and eldercare facilities in Beijing, Tianjin, Xi'an, Chengdu and Shanghai in June.

Speaking to The Straits Times in a post-trip interview on June 12, Perennial chief executive Pua Seck Guan said the company intends to bring into the Singapore pilot technology tools that it has adopted in China, as well as tap insights on how to offer integrated healthcare to seniors.