INCREASED AFFORDABILITY
From the second quarter of 2027, the basic service package fee will fall by between 18 and 75 per cent. Costs for social programming and maintenance for standalone communal spaces in future projects will be removed from the fees. Emergency alert devices, previously bundled in, will become optional.
The health ministry will also subsidise components similar to those already covered under national long-term care schemes, including staff support and emergency response.
Mr Mak said the lower fees and new subsidies will do more for affordability than the age change does for eligibility, removing a barrier for lower-income seniors.
“It might encourage some people who are above the age of 65, who previously did not want to apply for Community Care Apartments because of the cost – now they may consider,” he said.Â
The sixth project will launch in Toa Payoh in October, next to Caldecott MRT station. Property analysts expect demand there to rise slightly given the location.
Huttons’ Mr Lee said acceptance of these apartments will still take time, and the cost of providing services could fall as demand grows.
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