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The Government has set aside a piece of land in Jalan Jurong Kechil which developers may use for developing a retirement village.

The site is released in response to a recommendation by the Committee on Ageing Issues which asked the Government to consider helping the private sector develop retirement housing.

The plot of land is one of the 14 new sites that the National Development Ministry has added to the reserve list of its latest Government Land Sales Programme for the second half of this year.

It is on a short-term lease of just 30 years.

Besides retirement housing, developers will also have the option of developing normal housing on the site. - CNA/ir