Perennial Living opens S$265m assisted-living centre at Parry Avenue with 200 private apartments, medical care
Perennial Living has opened a S$265 million assisted-living development at Parry Avenue, offering 200 private apartments alongside medical care, rehabilitation and social activities. The 195,000 sq ft centre targets Singapore's rapidly ageing population with monthly rents ranging from S$8,000 to S$1
Perennial Living, a new assisted-living development by Perennial Holdings, opened at Parry Avenue in August 2026 with 200 private apartments and integrated medical, rehabilitation and social facilities. The 195,000 sq ft centre, designed by CPG Architects, includes 38,000 sq ft of sky terraces, curved greenery-wrapped balconies and a low-slung silhouette supported by tulip-like tapered columns.
The development comes as Singapore approaches “super-aged” status, with one in five citizens now aged 65 or above, a figure projected to rise to around one in four by 2030. Perennial Holdings, which operates China’s first Alzheimer’s care village in Xi’an, has invested S$265 million (US$208.48 million) in the project, betting on demand for a different model of senior living.
Ten blocks connected by link bridges in colour-coded zones hold just four apartments per floor, with private lift access to most units. The site opens onto a 1.5-hectare park with a dog run and a mobility garden for outdoor rehabilitation. Interiors were led in-house by Perennial Holdings, drawing on its eldercare developments in China.
Monthly rents range from S$8,000 for a studio to S$13,000 for a two-bedroom suite. Perennial said a comparable studio in a serviced apartment in the east starts from S$11,000, and one in Orchard from S$10,500, both slightly larger but with fewer amenities. The centre’s medical arm, Perennial Wellness, spans two levels and includes specialists from geriatricians to oncologists, an imaging centre, a rehab wing, a 25m pool with handrails and a hydrotherapy pool.
Recreational facilities include yoga, guzheng lessons, mahjong and karaoke. Traditional Chinese Medicine services offer three types of moxibustion, herbal steam baths and a brewing-and-delivery service that sends prescribed formulations to residents’ doors via mobile robots. Each apartment is wired with sensors tracking sleep patterns and heart rate, a wireless ECG and sleep ring for overnight monitoring, and a fall-detection system.
The memory-care wing features a Music Bus with a jukebox and gramophone, a Travel Shop and a vintage hair salon for engagement and reminiscence therapy. Interior details include a toilet lid painted blue to indicate whether it is up or down, and taps marked hot and cold. The in-house restaurant, The Olive, operated by Wilmar International, serves low-glycaemic, cholesterol-friendly buffet spreads and an a la carte menu, with a halal-designated kitchen section planned ahead of formal certification.
Executive Chairman and CEO Pua Seck Guan said the development is designed as an inclusive senior-living community for seniors of different backgrounds rather than targeting any ethnic group. Asked whether Perennial Holdings would bring the concept to other parts of Singapore, he said the company would “certainly explore it if opportunities arose”.
