29 Apr '14, 5am

HDB BTO "retirement village" at Woodlands. 30 years leasehold studio units for elderly. Prices are yet to be...

A ground-breaking ceremony was held on Saturday for Singapore’s first ever “modern kampong”, which is expected to be completed by 2017. According to media reports, Kampung Admiralty – an integrated project in Woodlands – will be zoned into three tiers. The upper level will have about 100 studio apartments that will serve as retirement homes for seniors, said National Development Minister Khaw Boon Wan who officiated the event. “We are determined to help make families who want to stay together achieve their aspiration and the studio apartments upstairs, when completed, will be able to fulfil this mission.” “So in a way, this project is our version of what people have been talking about -- retirement village. This will be HDB's retirement kampung. We think it will be successful; we can then replicate it in other parts of the HDB towns,” he added. Equipped with induction stov...

Full article: http://www.propertyguru.com.sg/property-management-news/2...

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