Luxury eldercare from $8k to over $13k a month at Singapore’s first private assisted living project
Phase two, which includes the 100-bed nursing home, is expected to commence operations in fourth quarter 2026.
Singapore's first private assisted living home, Perennial Living, has launched phase one of its operations, aimed at setting a new benchmark for private eldercare for the well-off elderly. Perennial Holdings, led by its executive chairman and chief executive Pua Seck Guan, envisions an ecosystem that not only provides care but also fosters a vibrant community where seniors can live with independence, purpose, and quality of life.
Spanning 195,000 sq ft, the $260 million project includes the Perennial Wellness centre, offering medical care, rehabilitation therapies, and traditional Chinese medicine (TCM) services, alongside five-star hospitality, dining, amenities, and services. Basic assisted living packages for 330 square feet studio apartments start at $8,000 per month, while 565 square foot two-bedroom suites start from over $13,000 per month.
The assisted living package includes accommodation, housekeeping, linen service, core meals, and access to amenities, fitness, and wellness activities. The nursing suites package, which also includes 24/7 nursing support and medical doctor reviews, starts at about $7,600 per month. Perennial Wellness, open to the public, features a Western medical centre, hospital-grade rehabilitation and fitness centre, and TCM centre offering a wide range of treatments.
The project is designed to achieve 30% occupancy by August 2027, with the goal of breaking even within two years.
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