Singapore. Finding the silver lining: Ageing population puts heat on senior housing plans
Developers could look at Western housing models for Singapore’s silver-haired generation.
Singapore’s ageing population may provide developers opportunities for senior housing solutions, Colliers International said.
According to a report, Japan’s seniors will comprise a staggering 36.4% of the population by 2050; South Korea (35.3%), Hong Kong (33.9%), Singapore (33.6%) and Thailand (29%) representing the top five Asian economies with the highest percentages of seniors by 2050.
Read More: Singapore Business Review
