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Friday, March 5, 2010

TODAY Online : Giving seniors more housing options ...

Giving seniors more housing options ...

05:55 AM Mar 05, 2010

by Ong Dai Lin



To provide more residential options for the elderly, the Government will consider extending land leases to 60-year or 30-plus-30-year tenures for the building of retirement homes or villages.



Senior Minister of State (National Development) Grace Fu said developers are allowed to build retirement housing on any site zoned as residential. They can also build residential developments and customise the design and concept to target specific niche markets, including the elderly. Ong Dai Lin



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