If ageing population like Japan is any precedent, poorperly price will likely on a long term down trend.

I heard this type of schemes, albeit on a small scale, is already common in JB?
Catering to Sporean n retired- Msian-worked-spore.

If affordable might go for one. Dun want to kacau my kids when old n cranky.

https://www.theedgemarkets.com/article/igb-...services-sector

https://theedgemalaysia.com/node/665991

KWSP jalan gasing becomes senior living units

This post has been edited by EnergyAnalyst: May 16 2023, 01:18 AM

The next big thing in Malaysia

Our country slowly becoming ageing nation....

So it's naturally retirement home / resort / villa whatsoever is in demand 👍

Any good recommendation? Likely will end up in one of them with my wife. Hopefully, still mentally and physically healthy by then.

Still, scepticism is there....By even experts

https://www.nst.com.my/property/2023/01/869...ysia-yes-and-no

https://www.aljazeera.com/economy/2023/4/18...mic-withdrawals


If this turns out right, we can only expect T20 are the only ones able to afford

it is. retirement is very expensive and id come with assistance retirement living especially with medical care, monthly like RM5K-7K is normal in city.

Next hhmm. Mm, in fact its dy ongoing big thing in pelliative care /or nursing homes living operated within a mix commercial/ service apartment residency development

Down the road, hospice care is next

This post has been edited by jojolicia: May 20 2023, 12:18 PM

p

I fear even that RM5k to RM7k may not be enough to be honest

Congratulations Retirees

https://www.iproperty.com.my/property-insig...-malaysia-84523

A good analysis

https://www.nst.com.my/news/nation/2023/05/...tion-work-nsttv

Yikes

https://www.malaymail.com/news/malaysia/202...-building/70398




This post has been edited by EnergyAnalyst: May 23 2023, 01:03 AM

https://www.newshubasia.com/post/human-capi...ut-in-malaysia/

looks good actually, anyone have more info?

https://pacificseniorliving.com.my/

Government body or GLC should step into this kind of senior living or retirement resort.

I always feel like KWSP should have this kind of scheme to attract old people to save money in KWSP and utilize the money into this kind of retirement resort. This will allow KWSP to retain member to not withdraw all their saving out and KWSP have huge fund to continue to invest and pay dividend to members.

Example people who participate into this scheme should have allocate their KWSP fund into retiree house expenses, anticipate daycare cost, medical treatment (use KWSP fund to buy insurance medical card) etc. People who has RM 1m in saving maybe can have RM 500k allocate for this scheme after retirement. Members do not need to worry about food, accommodation, medication treatment etc. The left over saving in KWSP can continue to earn dividend as extra cash for members or for the beneficiary. When member pass away the KWSP saving will be inherited by the beneficiary.

There are some cases people who got RM1m saving in KWSP and after 55yo fully withdraw. Some cases they miss use their saving and left nothing in age of 60yo or fraud scam cases all saving gone. How do they able to retire then. If they got children they can beg children to take care but nowadays many couples or single without child. We should look into this kind of retirement schme to secure our retirement while financial allow (or before scammed or miss use).

https://sunwaysanctuary.com.my/en

The min cost start from RM 8k monthly onward. 1 year is about RM100k and 10 years already RM1m. The cost is rather high maybe also due to the location is in centre of Sunway city.