it is targeted towards the upper class in Singapore. In addition, the premium location and nearby amenities makes our proposed development a one-of-a-kind place of residence. All in all, our proposed development would be able to stand the test of time to remain a premium choice for retirement living.
11. Concessions from the Government The government has had the most difficult of jobs attending to the needs of the rapidly ageing population. With a rising trend of retirement homes instead of the still prevalent traditional ‘home of the aged’, there is a higher expectation to provide a higher quality life to the elderly and retirees. Developments such as this retirement home would be the bridging unit for the government to serve the society and provide care for the aged. There is a need for the government to be answerable to approving and planning for more developments catered to the retirees, and also to give the necessary support for developments serving a national agenda. Specifically, the government can offer incentives and tax rebates for developments proposing a higher percentage of elderly-friendly facilities and features, while hitting a high building efficiency ratio. If Singapore could build a nation that is prepared to grow old together, the fears of the masses regarding the ageing population would dissipate. The government would then be seen to achieve their social agenda of creating an all-inclusive society catered towards the elderly, supporting the ageing population and also easing the burden of the sandwiched generations simultaneously.
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