Perennial Holdings Wins Tender For Singapore’s First Private Assisted-Living Development
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Singapore – Perennial Holdings Private Limited (Perennial Holdings), through its indirect wholly owned subsidiary PRE 20 Pte. Ltd., successfully won the tender for the site at Parry Avenue, which was launched by the Urban Redevelopment Authority (“URA”) in collaboration with the Ministry of Health (“MOH”), to develop Singapore’s first private assisted-living development at a tender price of S$71.988 million at Parry Avenue.

Private assisted living is a new housing-cum-care model that MOH and URA are co-creating with industry players.

Spanning a total gross floor area of approximately 195,000 square feet, the new housing-cum-care model development within the Rosyth Estate will comprise a 200-unit Assisted Living Apartment (“AL”), a 100-bed Nursing Home (“NH”), a Wellness Clubhouse (“WCH”) and a Geriatric Care Centre (“GCC”). The development will also integrate with a new community park (“Park”) of approximately 1.5 hectares.

The quality development is designed to provide every resident with a well-lit and naturally ventilated living space with a high degree of privacy. AL residents have the option of spacious one- or two- bedroom units, ranging from 366 square feet to 666 square feet, with private lifts and access to balconies, sky terraces and lush green communal areas.

The development will cater to various types of residents, ranging from the healthy, those with mild dementia, as well as seniors requiring assisted daily living and nursing needs. There will also be a dedicated dementia-friendly zone where residents living with dementia can move around safely and lead a normalised life.

The development will also leverage on Perennial Holdings’ proprietary WeCare application (“WeCare App”), which has been successfully implemented in China, to seamlessly connect all service offerings for residents and enable them to stay connected with their families.