As more Singaporeans enter their retirement years, downsizing or right-sizing could offer seniors a more manageable home, lower costs and potentially more funds for retirement. But deciding when to make that move can be difficult, especially for those who have spent decades in the same home.

So, when is the right time to right-size? Should seniors start planning at 55, 65, or should age not be the deciding factor? And should homeowners make the move while they still have the choice, rather than waiting until they need to?

On The Agenda, Hongbin Jeong speaks with Christine Sun, Chief Researcher and Strategist at OrangeTee Group, who was featured in The Straits Times discussing the growing demand for smaller flats, to explore when seniors should consider downsizing and what’s driving the trend.