Luxury eldercare from $8k a month at Singapore’s first private assisted living project
Perennial Living, Singapore's first private assisted living project, has officially opened with monthly costs starting at $8,000. The facility aims to provide a high-end, community-focused environment that integrates medical care with luxury hospitality for the elderly.
Why it matters
The project represents a significant shift in the eldercare market, targeting the affluent demographic and setting a new price benchmark for private senior living services.
The facility aims to enhance not just longevity, but the quality of life for seniors.
Listen SINGAPORE – Singapore’s first private assisted living home, Perennial Living, which launched phase one of its operations on Aug 18, has spared no expense in building an ecosystem that aims to set a new benchmark for private eldercare for the well-heeled elderly.
Spanning 195,000 sq ft and located at 28 Parry Avenue, the $260 million luxury assisted living project features the Perennial Wellness centre, which offers medical care, rehabilitation therapies and traditional Chinese medicine (TCM) services, alongside what it touts as five-star hospitality, dining, amenities and services.
Phase one comprises 200 assisted living apartments, Perennial Wellness and The Olive restaurant, an all-day dining eatery featuring meals by chefs and in-house dietitians from the central kitchen of Perennial’s key shareholder and Singapore-listed agribusiness Wilmar International.
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