Personal Finance
Retirement Housing in Singapore
By Tan Kin Lian  •  March 17, 2008
By: Tan Kin Lian Tan Kin Lian picture1. Someone wrote to the Straits Times Forum proposing the development of retirement housing in nearby countries, where the cost of land is lower. 2. It is economically feasible to build the retirement housing in Singapore. The cost of land can be reduced by better utilisation of land. Here is my concept of a future retirement town to be build in Singapore. a) Located in a corner of Singapore, say in Lim Chu Kang. b) Comprise of 100 blocks of 100 units, i.e. total of 10,000 units c) All internal transport by light rail transport (LRT) and personal automated transport (PAT) d) LRT to connect to a nearby MRT station e) Large car parks to be located outside of the town, for use by residentials and visitors f) Medical facilities operated by private clinics to serve the residetials g) Housing units to be owned by a residential REIT and rented to residents Read more...
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By Tan Kin Lian
Mr Tan Kin Lian (fomer NTUC Income CEO) started his insurance career in 1966 in a local life insurance company. He has also worked in various positions as a computer programmer, organisation and methods officer and consulting actuary. Mr Tan writes daily in his blog. The information in his blog is transparent and has an open approach.

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