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How Singapore can turn ageing into an investment opportunity
The eldercare sector should tap foreign capital and expertise to tackle the challenge of ageing at home in a super-aged society.
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Singapore’s population is ageing rapidly, and foreign players could help scale up the eldercare sector and also provide specialised services that are not available here yet.
PHOTO: ST FILE
About 82 per cent of older adults in Singapore prefer to age at home rather than in institutional facilities, according to a study by the Centre for Research on Successful Ageing at the Singapore Management University. They’re making the right choice: Research worldwide consistently shows that ageing at home leads to better quality of life and well-being.
Singapore’s Government agrees. As Prime Minister Lawrence Wong explained in his 2025 National Day Rally speech
