The paper attempts to ascertain the impact of age segregation on the quality of life of the elderly who are living in high-rise studio apartments in Singapore. After a review of the relevant literature and statistical analysis of a survey data for 390 elderly respondents in high-rise studio apartments, it was found that age segregation have a deleterious impact on the quality of life of the elderly. Furthermore, it was found that the perception of the elderly in relation to factors that are most significant to their quality of life is at variance with that of the policy makers. This implies that there is a need for policy makers and service providers to review their existing policies, products and services so as to be more effective in providing housing options for the rapidly aging population of Singapore. Although the elderly are comfortable with high-rise living, super high-rise living may cause affordability and safety concern.