Main characteristics of Singapore's real estate model

There are three forms of "housing for the elderly" in Singapore:

One is to rent some or all of the rooms in exchange for pension income.

The second is to obtain pension income through "changing big for small".

The third is the usual reverse mortgage, that is, reverse.

Each form is closely related to the government. The first two are mainly aimed at apartments funded by the Singapore government, and the third is mainly aimed at privately built commercial houses.

Extended data

In the late 1990s, Singapore launched the "Apartment for the Elderly" program, which provides an apartment for the elderly who live alone or only with their wives. This kind of apartment usually covers an area of about 40 square meters and the price is low. Generally, you only need S $50,000 to S $60,000 to buy it.

Laoling apartments are generally built in mature communities with complete facilities and convenient transportation. The right to use such apartments is generally 30 years, which can be extended, but cannot be transferred or inherited.

People's Daily Online-People's Home View Shenzhen plans to study the "Singapore model", and the land supply is tight to be solved.

China * * * Production Party News Network-Xu Tianhua: Singapore's "housing for the elderly" has various forms