{"id":120322,"date":"2021-02-11T01:22:18","date_gmt":"2021-02-10T18:22:18","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/more-elderly-hdb-residents-prefer-to-age-in-place\/"},"modified":"2021-02-11T10:03:55","modified_gmt":"2021-02-11T03:03:55","slug":"more-elderly-hdb-residents-prefer-to-age-in-place","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/more-elderly-hdb-residents-prefer-to-age-in-place\/","title":{"rendered":"More elderly HDB residents prefer to age in place"},"content":{"rendered":"


\nThe survey also showed that elderly residents were highly satisfied with their HDB units, pointing to the spaciousness of their homes or its convenient location.
\nA Housing and Development Board (HDB) survey showed that more elderly households prefer to grow older in their current homes.
\nConducted in 2018, the latest Sample Household Survey polled nearly 8,000 households across all HDB estates. It is conducted once every five years with the aim of gathering feedback on public housing as well as residents\u2019 changing needs and expectations.
\nThe survey found that the number of elderly residents who plan to continue living in their present flats increased to 86% in 2018 from 80% in 2013.
\nThis comes as they \u201cfound it comfortable or had an emotional attachment to it, having developed fond memories of the time spent with their family in the flat\u201d, said HDB.
\nRecommended article:\u00a0HDB Assisted Living Flats: What Are They and Who Should Apply
\nShould they need help with daily life, almost half of the elderly respondents felt that the ideal living arrangement would be for family members or domestic helpers caring for them within their own home.
\nMore than four in 10 elderly respondents were willing to stay at assisted-living facilities if there is a need, so they could access professional nursing and medical care.
\nThe survey also showed that elderly residents were highly satisfied with their HDB units, pointing to the spaciousness of their homes or its convenient location.
\nIn fact. 94.7% of the elderly residents considered their flat as value for money, while 80% were proud of their HDB unit.
\n\u201cAmong the elderly who felt that their flats were value for money, most attributed it mainly to affordable flat prices at the time of purchase, followed by the appreciation in the value of the flat. Some also mentioned that the flat was in a good location and close to various facilities,\u201d said HDB.
\nOn housing aspirations, 77.7% of the elderly were content with their current flat type.
\nNotably, the proportion of elderly HDB residents, aged 65 and above, grew to 16.5% in 2018 from 9.8% in 2008. Overall, the number of elderly residents crossed half a million persons in 2018.
\nSuggested read:\u00a0HDB EASE Programme: How to Apply and How Much Does it Cost?
\nMeanwhile, the survey also asked respondents on their preferred housing types when they get older.
\nAround 92.3% of households polled prefer to live in HDB units in their old age.
\n\u201cOf these, close to half would prefer to live in three-room and smaller flats in their old age, citing ease of maintenance and the need for less space, as their household size decreased in their later years,\u201d said HDB.
\nThose who preferred five-room and executive flats, on the other hand, wanted more space for family members to live together or to hold gatherings.
\nLooking ahead, HDB said it will \u201ccontinue to offer variety in our flat offerings to cater to households with different needs and budgets\u201d.
\nLooking for a property in Singapore? Visit PropertyGuru\u2019s Listings, Project Reviews and Guides.
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…More elderly HDB residents prefer to age in place<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The survey also showed that elderly residents were highly satisfied with their HDB units, pointing...<\/p>\n","protected":false},"author":1,"featured_media":120323,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-120322","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-property-news"],"jetpack_featured_media_url":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/02\/Elderly-Chinese-couple-having-a-meal-resized.jpg?fit=820%2C410&ssl=1","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-viG","jetpack-related-posts":[{"id":120394,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/majority-of-hdb-residents-satisfied-with-flats-neighbourhood-estate-facilities\/","url_meta":{"origin":120322,"position":0},"title":"Majority of HDB residents satisfied with flats, neighbourhood, estate facilities","date":"February 15, 2021","format":false,"excerpt":"\r Majority of HDB residents satisfied with flats, neighbourhood, estate facilitiesThe survey, which is conducted once every five years, found that 93.2% of respondents were satisfied with their flat, up from 91.6% in 2013. 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