Build retirement homes the IR way

[makapaaa]

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<!-- START OF : div id="storytext"--><!-- more than 4 paragraphs -->WHEN Minister for Health Khaw Boon Wan mentioned rising health costs and floated the trial balloon of a cheaper alternative of rehabilitative care in Johor Baru, he was blasted. I propose we look at the issue from an IR point of view.
First, let us remove the biggest encumbrance. The Government should offer land on a 30-year lease - perhaps an island, say Pulau Serangoon - with 10-year tax-free pioneer status, then another 10 years on 50 per cent tax.
The winning company's mission? An integrated retirement (IR) village consisting of a community rehab facility surrounded by clean and green spaces. Green lungs mean healthy lungs.
There is only one class - the Get Well class. The accent should be on utilitarian value for money. Volunteer caregivers and medical staff would be roped in to work pro bono. So running cost will be reduced.
In addition, to recognise their pioneer effort, the Government could make a one-time payment of $10,000 to every Singaporean over 65 with no personal income. This amount would be managed by the pioneer-status company with annuity-like drawdowns that could be used only to offset residential stay at the IR village. The children can top this up, with the Government matching another $5,000 dollar for dollar.
A plus point is that nearby Punggol 21 will be home to secondary businesses such as medical labs, rehab equipment and suppliers, and therapeutic spas. This means new jobs for many retrained workers, so everything is integrated.
My point is, the cost of rehabilitative care need not be prohibitive. The Government is known for thinking out of the box. That was how we started, from Jurong swamps to world-class Singapore. If we can make room for the controversial integrated resorts, surely we can find space so our elders can live out their sunset years in the comfort of home. David Lam

 

[congo9]

Oh yes ....... good idea. i Fully support his idea !

 

[poore]

tat shd had been the way.

believed the govt could have kept the costs down....maybe nt as low as in jb..but near....

not everything shd be about profit.if about profit....tear down the stupid national museum and build a nursing home on it instead

 

[ahleebabasingaporethief]

Support 100%..but with ONE condition.

Only for REAL Singaporeans that are born and bred here or have lived and contributed to country building for 30 years or more.

We dont want others in the age-group who have just received their "cheap-style" citizenship to exploit and share.

Support 100%. Let's see what their answer will be. Can build IRs but cannot help the old?

 

[Tiu Kwang Yew]

ah lam is good at heart.

i think another name for this island is called Coney island where students like to camp during the 70s, and NS men conducted amphibian attacks, it is true a beautiful place with nice beaches.

but now, at tg punggol jetty where seafood is used to be, you can see piles of containers are placed along the straits, the island is no more like the past , the environment is ruined.
besides, the waters at serangoon harbor is not clean becos of matland side.

good idea but the best place may be somewhere at the southern islands, but southern islands are for sale.

so the last ideal location is inside ISTANA where the prataman washes his hands for shaking.

<TABLE cellSpacing=0 cellPadding=0 width="100%" border=0><TBODY><TR>Build retirement homes the IR way
</TR><!-- headline one : end --><!-- show image if available --></TBODY></TABLE>




<!-- START OF : div id="storytext"--><!-- more than 4 paragraphs -->WHEN Minister for Health Khaw Boon Wan mentioned rising health costs and floated the trial balloon of a cheaper alternative of rehabilitative care in Johor Baru, he was blasted. I propose we look at the issue from an IR point of view.
First, let us remove the biggest encumbrance. The Government should offer land on a 30-year lease - perhaps an island, say Pulau Serangoon - with 10-year tax-free pioneer status, then another 10 years on 50 per cent tax.
The winning company's mission? An integrated retirement (IR) village consisting of a community rehab facility surrounded by clean and green spaces. Green lungs mean healthy lungs.
There is only one class - the Get Well class. The accent should be on utilitarian value for money. Volunteer caregivers and medical staff would be roped in to work pro bono. So running cost will be reduced.
In addition, to recognise their pioneer effort, the Government could make a one-time payment of $10,000 to every Singaporean over 65 with no personal income. This amount would be managed by the pioneer-status company with annuity-like drawdowns that could be used only to offset residential stay at the IR village. The children can top this up, with the Government matching another $5,000 dollar for dollar.
A plus point is that nearby Punggol 21 will be home to secondary businesses such as medical labs, rehab equipment and suppliers, and therapeutic spas. This means new jobs for many retrained workers, so everything is integrated.
My point is, the cost of rehabilitative care need not be prohibitive. The Government is known for thinking out of the box. That was how we started, from Jurong swamps to world-class Singapore. If we can make room for the controversial integrated resorts, surely we can find space so our elders can live out their sunset years in the comfort of home. David Lam