Debated in Parliament on 17 Feb 2014.
Dr Lam Pin Min asked the Minister for National Development (a) whether the Government will be releasing more land for private retirement villages in view of the recent successful launch of the pilot project along Jalan Jurong Kechil; and (b) whether the recent pilot project met the Government's objectives for retirement village development.
Developers can already build private retirement housing on any site zoned for residential use. These sites are available through private sources, as well as the Government Land Sales programme.
Nevertheless, in response to requests from developers for a suitable site to be offered for retirement housing, URA released a site in Jalan Jurong Kechil through the reserve list of the Government Land Sales programme in 2006. To spur market interest by reducing the upfront cost of development, it was offered on a shorter lease tenure of 30 years initially, but later extended to 45 or 60 years. In addition, URA offered developers a gross floor area (GFA) incentive scheme to encourage the provision of elderly-friendly medical and communal facilities. The site was eventually triggered for tender and sold in 2012.
The site has since been launched by the developer, which has marketed it as a "retirement resort". Whether this development proves successful as a retirement village will only be clear when it is completed and residents have moved in.
Meanwhile, our priority is to enable the vast majority of Singaporeans who live in HDB estates to age in a senior-friendly and familiar environment. We have implemented many measures to facilitate this, including the upgrading of lifts, rejuvenating of older neighbourhoods, installation of barrier-free ramps and retrofitting of flats through the Enhancement for Active Seniors (EASE) scheme. Seniors also have the option to move into purpose-built studio apartments. We will continue to provide more care and support services and facilities so that our seniors can age in place, within a familiar community.
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