Luxury eldercare from $8k to over $13k a month at Singapore’s first private assisted living project
Singapore’s first private assisted living home, Perennial Living, has launched phase one of its operations, offering luxury eldercare from $8,000 a month. The facility aims to enhance not just longevity, but the quality of life for seniors.
Intelligence analysis by Llama
Perennial Living, Singapore’s first private assisted living home, has launched phase one of its operations, offering luxury eldercare from $8,000 a month. The facility aims to enhance not just longevity, but the quality of life for seniors, with a focus on integrated medical care, thoughtful hospitality, and meaningful lifestyle experiences.
Imagine a place where seniors can live independently, with access to medical care, rehabilitation therapies, and traditional Chinese medicine services. That's what Perennial Living, Singapore's first private assisted living home, offers. With luxury eldercare from $8,000 a month, seniors can enjoy a high quality of life, with a focus on integrated medical care, thoughtful hospitality, and meaningful lifestyle experiences.
Analysis
A New Benchmark for Private Elder Care in Singapore
Singapore’s first private assisted living home, Perennial Living, has launched phase one of its operations, offering luxury eldercare from $8,000 a month. The facility aims to enhance not just longevity, but the quality of life for seniors, with a focus on integrated medical care, thoughtful hospitality, and meaningful lifestyle experiences.
Perennial Living is a $260 million luxury assisted living project that features the Perennial Wellness centre, which offers medical care, rehabilitation therapies, and traditional Chinese medicine (TCM) services, alongside five-star hospitality, dining, amenities, and services. The facility spans 195,000 sq ft and is located at 28 Parry Avenue.
The first phase of the project comprises 200 assisted living apartments, Perennial Wellness, and The Olive restaurant, an all-day dining restaurant featuring meals by chefs and in-house dietitians from the central kitchen of Perennial’s key shareholder and Singapore-listed agribusiness Wilmar International.
Basic assisted living packages for its 330 sq ft studio apartments start at $8,000 a month, while a 565 sq ft two-bedroom suite starts from over $13,000 a month, with rates depending on the size, layout, level, and the direction the unit faces.
Each unit comes with high ceilings, floor-to-ceiling windows, kitchenettes, and, for most units, private lift access. Smart technologies such as remote-controlled curtains, motion-sensor lighting, 24/7 emergency response systems, bedside monitoring devices for vital signs, fall detection, and facial-recognition access are also included.
The assisted living package includes accommodation, housekeeping and linen service, core meals, full usage of the facility’s amenities and fitness and strength-training equipment, as well as access to social and wellness activities.
Phase two, which includes the 100-bed nursing home, is open for bookings and is expected to commence operations in the fourth quarter of 2026. The basic nursing suite package starts from about $7,600 a month, with final rates depending on the size, layout, level, and the direction the unit faces.
On top of the offerings in the assisted living package, the nursing suites package also includes 24/7 nursing support, assistance with activities of daily living, medication and treatment administration, medical doctor reviews, and rehabilitation therapy.
Residents must be at least 65 years old and fulfill a minimum stay of three months in the assisted living facility. But there is no restriction on the length of stay for the nursing home.
Perennial Wellness, which is also open as an outpatient facility to the public, comprises a Western medical centre with general practitioners, family medicine physicians, and specialists, an imaging centre with X-ray and ultrasound services, a hospital-grade rehabilitation and fitness centre, and a TCM centre offering a wide range of treatments.
It also features a hydrotherapy pool to support rehabilitation needs. The hydrotherapy pool in Perennial Living.
Its rehabilitation and fitness centre features an extensive range of specialised robotic and conventional rehabilitation equipment comparable with those in a hospital setting, exercise equipment focused on mobility, core, and strength, and Singapore’s first private GymTonic studio, a strength-training programme designed to combat age-related muscle loss.
Residents will receive personalised care and have access to a panel of medical specialists at their doorstep at Perennial Wellness, including cardiologists, urologists, rehabilitation medicine doctors, and pain management doctors.
Taking a leaf from Perennial Holdings’ Alzheimer’s Care Village in Xi’an, China’s first dementia care village, Perennial Living also offers dementia-focused TCM therapies and therapy rooms to provide non-drug interventions, and has created memory care living spaces across two assisted living blocks and within its nursing block.
One of two buses used at the dementia block at Perennial Living. The bus is equipped with musical instruments.
Memory care residents can explore a Music Bus – a full-sized heritage bus equipped with a jukebox, gramophone, piano, and other instruments for music sessions – as well as a Travel Shop and Hair Salon Bus, where they can purchase travel trinkets and get a haircut.
The therapeutic garden, designed with a continuous loop pathway to support residents living with dementia, also features a full-sized bus stop, traditional telephone booths, and a post box, where they can send letters.
Key points
- Singapore's first private assisted living home, Perennial Living, has launched phase one of its operations, offering luxury eldercare from $8,000 a month.
- The facility aims to enhance not just longevity, but the quality of life for seniors, with a focus on integrated medical care, thoughtful hospitality, and meaningful lifestyle experiences.
- Perennial Living features the Perennial Wellness centre, which offers medical care, rehabilitation therapies, and traditional Chinese medicine services, alongside five-star hospitality, dining, amenities, and services.
- The facility spans 195,000 sq ft and is located at 28 Parry Avenue, with a total investment of $260 million.
- Basic assisted living packages for its 330 sq ft studio apartments start at $8,000 a month, while a 565 sq ft two-bedroom suite starts from over $13,000 a month.
- Each unit comes with high ceilings, floor-to-ceiling windows, kitchenettes, and, for most units, private lift access, with smart technologies such as remote-controlled curtains, motion-sensor lighting, and 24/7 emergency response systems.
If this development plays out positively, Perennial Living could become a benchmark for private eldercare in Singapore, setting a new standard for luxury eldercare and providing seniors with a high quality of life. With its focus on integrated medical care, thoughtful hospitality, and meaningful lifestyle experiences, Perennial Living could become a model for other private assisted living homes in Singapore.
However, there are also risks associated with this development. For example, the high cost of luxury eldercare may be out of reach for many seniors, and the focus on integrated medical care may lead to over-medicalization of seniors. Additionally, the lack of transparency around the costs and services offered by Perennial Living may lead to confusion and mistrust among potential residents and their families.
