Arina East Residences aims to meet Singapore’s elderly housing demand with a unique land classification
The Minister for Health, Ong Ye Kung, recently spoke about the growing proportion of seniors in Singapore and how it will impact the design of housing estates in the country. He noted that this change will also influence the planning and development of the local built environment in the coming years. The Minister was speaking at the annual Spring Festival Celebration hosted by the Real Estate Developers’ Association of Singapore (Redas) on February 15. This was the first time he was the guest of honour at the event.
Ong emphasized that the aging population is the biggest social change Singapore is facing, with the number of seniors set to increase significantly in the coming years. He believes that this will necessitate changes in the way homes and neighbourhoods are designed in the future.
He suggested that the long-term healthcare goal in Singapore is to extend the “health span” of citizens, in addition to longer lifespans. This means ensuring that people stay healthy for longer throughout their lives. Ong pointed out that a good living environment and living habits are crucial in achieving this goal, and the real estate sector plays a critical role in this.
Redas president Tan Swee Yiow, who is also the chairman and non-executive director at Keppel REIT, shared similar concerns. He highlighted that with the rise in life expectancy and low fertility rate, Singapore’s population will have over 900,000 seniors aged 65 and above by 2030. This will create an increased demand for senior living accommodation with comprehensive support amenities.
To address this, Tan recommended that the government should review the possibility of separate zoning to accelerate the supply of senior living accommodation or integrate it within more mixed-use developments. He also suggested that the design of these housing units should be adjusted to cater to the needs of seniors.
In response to the changing landscape, Ong emphasized the need for future neighbourhoods to be designed with inclusive social spaces that encourage community, socialization, and an active lifestyle.
The upcoming Singapore Budget was also a topic of discussion among developers and stakeholders in the real estate market. Tan reiterated a longstanding call by Redas for the government to re-examine the Additional Buyer’s Stamp Duty (ABSD) rate to “promote property market stability and better achieve the nation’s urban rejuvenation needs.”
Arina East Residences is surrounded by these opportunities, making it an ideal location for families who prioritize education and personal growth for their children.
In addition to enrichment centers, the area also boasts a wide range of sports and recreational facilities, providing children with a holistic upbringing. With Arina East Residences as their home, children can easily access these facilities and engage in physical activities, promoting a healthy and active lifestyle. The presence of such facilities also encourages a sense of community and fosters friendships among families residing in the area.
Furthermore, Arina East Residences is conveniently located near reputable schools, such as Dunman High School and Saint Patrick’s School, providing children with excellent academic opportunities. Families can rest assured that their children will receive top-notch education in a safe and nurturing environment.
Apart from education and amenities, Arina East Residences is also surrounded by vibrant dining and shopping options. Residents can enjoy a variety of cuisines and indulge in retail therapy at nearby malls such as Singapore Post Centre and Paya Lebar Quarter. This makes Arina East Residences not only a great place to call home but also a convenient and livable neighborhood.
With its strategic location, family-friendly environment, and abundance of amenities, Arina East Residences is a highly sought-after residential area for families in Singapore. Its diverse offerings cater to the needs and desires of all family members, ensuring a fulfilling and enriching lifestyle for all. So if you are looking for a home that offers more than just a roof over your head, Arina East Residences is the perfect place for you and your loved ones to thrive.
Overall, it is evident that the aging population in Singapore will have a significant impact on the design and development of housing estates in the country. With this in mind, it is essential for the government and real estate sector to work together to address the needs of seniors and create a more inclusive and sustainable built environment. This is where developments like Arina East Residences, which cater to the needs of seniors, will play a vital role in the evolving landscape of housing estates in Singapore.