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Senior living, retirement resort /village, etc.

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TSEnergyAnalyst	May 31 2015, 09:12 AM, updated 3y ago Return to original view \| Post #1
Look at all my stars!! Senior Member 4,141 posts Joined: Oct 2012	http://www.establishmentpost.com/old-folks...y-new-industry/ http://www.thestar.com.my/Business/Busines...orts/?style=biz http://www2.nst.com.my/red/whither-retirem...laysia-1.326661 This post has been edited by EnergyAnalyst: Oct 15 2021, 10:24 AM
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TSEnergyAnalyst	May 31 2015, 09:18 AM Return to original view \| Post #2
Look at all my stars!! Senior Member 4,141 posts Joined: Oct 2012	Questions: 1. Anyone has any idea /experiences, mi d sharing? 2. Would you want to be in one? 3. How much to check one self in?
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TSEnergyAnalyst	Jun 1 2015, 12:11 PM Return to original view \| Post #3
Look at all my stars!! Senior Member 4,141 posts Joined: Oct 2012	http://propertyreviews.my/mont-kiara-sophia/ the would have been This post has been edited by EnergyAnalyst: Jun 1 2015, 12:46 PM
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TSEnergyAnalyst	Jun 1 2015, 12:42 PM Return to original view \| Post #4
Look at all my stars!! Senior Member 4,141 posts Joined: Oct 2012	http://www.propsocial.my/topic/70/top-3-re...opsocial-editor top-3-retirement-homes-of-malaysia 1. THE GREEN LEAF Recognising the need of proper homes for the elderly in Malaysia, The Green Leaf of Retirement; otherwise known just as The Green Leaf; was born. The Green Leaf is the crowning glory of retirement homes in Malaysia, with homes that are both river and sea fronting, surrounded by 90 acres of wild and untouched mangrove parklands. Winning the best concept for Retirement Development at HSBC’s International Property Awards (Asia Pacific Region) 2012, it is located slightly out of town in Sepang. This 138-acre resort which costs between RM980,000 and RM2.68 million adopts a holistic approach, incorporating healthcare and elderly support into the residential developments. With the entire development being disabled-friendly and emergency-ready, some of its most intrinsic features are its 24-hour medical centre which is connected to the worldwide Emergency Medical Assistance system, where they also have their own in-house ambulance and telemedicine. Partnering the Australian-based Optimum Retirement Services (ORS) and Village Care, The Green Leaf is also compliant to the American Disability Act, AS 1428 (Australian Standards). For more details, go to http://www.greenleafretirement.com/ 2. ARAGREENS RESIDENCE Second in the list of most ideal retirement homes in Malaysia would be the niche development of AraGreens Residence which is more centrally located in Ara Damansara, conveniently placed a mere 4.3 kilometres away from the Ara Damansara Medical Centre; one of the leading hospitals in Malaysia. The developer of AraGreens Residence has a rather interesting history, where HSB Development Sdn Bhd is owned by two medical doctors who turned to property development. After recognising the needs of the elderly and acknowledging that most of the current developments are targeted towards those in their prime, AraGreens Residence was created. Partnered with HSC Healthcare Sdn Bhd, every unit at AraGreens Residence will feature the first-in-Malaysia MediHome (Medically Enabled Home) System where the elderly can perform health checks from the comforts of their home. According to Dr. Lim, the MediHome System monitors residents from their central medical hub within AraGreens Residence itself. Readings of glucose levels, electrocardiogram (ECG), oximetry and blood pressure can be transmitted wirelessly over to the server, where family members with smart phones may access the readings even while abroad. Topping off the list of inspiring facilities is the 4.76 acres of land dedicated to community space from the total of 7.5 acres of land available; where 1.4 kilometres of connected jogging paths meander through a series of water features. These homes were available from RM634,500 onwards. For more details, go to http://www.aragreens.com/# 3. GREEN ACRES The third and final on the list of some of Malaysia’s top retirement homes is dedicated to those who wish to be completely away from the busy city life of Kuala Lumpur. This development is fairly unique in the sense that it is dedicated towards the elderly who are still mobile and fairly healthy. Located in the quiet and sleepy town of Ipoh, Green Acres is an upcoming retirement village of landed properties surrounded by raw nature. Catering to the elderly who wish to enjoy an independent life away from their families, Green Acres was inspired by Australian retirement villages. The theme for Green Acres is not just unique, but its “tenancy agreement” is also out of the ordinary. These homes cannot be bought or sold; they can only be leased for life from the developer. In Phase 1, prices of the lifetime lease ranged between RM300,000 to RM452,000, where the only recurring fees that residents need to pay are maintenance fees and sinking funds. Green Acres will sit on 10 acres of land with only 170 units of homes available, and a clubhouse that is meant to serve as a community centre. It is said that the upcoming Phase 2 of the development will cater to the less independent elderly. For more details, go to http://www.greenacres.com.my/ 4. OTHERS Other notable retirement homes in the country of Malaysia includes Eden-on-the-Park in Kuching, Sarawak, where its facilities for the elderly will be provided by Optimum-Eden Healthcare Sdn Bhd in a joint venture with Australia’s Melbourne-based Optimum Aged Care Systems; while another upcoming retirement home which is currently known only as “Little Japan” is coming up in Taman Molek, Johor targeted towards the Japanese. Recognising the niche market of retirement homes in Malaysia and the now more accepting nature of Malaysians to the idea of retirement homes, the concept is slowly gaining traction in the market. Developers hope to overcome the usual stigma over the taboo subject of “kick-the-bucket” homes in Malaysia by turning them into luxury resorts where the elderly can live life like a holiday. Although there have admittedly been a number of failed retirement home projects in the past, statistics and the fact that Malaysia has been chosen as one of the top 5 retirement destinations in the world indicates that retirement homes will gradually and conservatively be gaining more attention in Malaysia. Did you know that the first retirement village that was established in Malaysia is the Sri Seronok Retirement Village that was built in 1988? Located in Cheras, these homes were first conceived by Soter Fernandez, a former Roman Catholic Archbishop of Kuala Lumpur. As of July 2013, these homes are still very popular, and is beginning to have an increasingly long waiting list.[/QUOTE]
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TSEnergyAnalyst	Jun 1 2015, 12:47 PM Return to original view \| Post #5
Look at all my stars!! Senior Member 4,141 posts Joined: Oct 2012	http://www.imapac.com/business_conference/rlwsea2015/ Anyone going?
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TSEnergyAnalyst	Jun 1 2015, 04:26 PM Return to original view \| Post #6
Look at all my stars!! Senior Member 4,141 posts Joined: Oct 2012	QUOTE(Stamp @ Jun 1 2015, 02:08 PM) Interesting. Do the developers of these houses have single storey properties? according to the attached below eBook2015.pdf ( 3.43mb ) Number of downloads: 145 Greenacres has 120 single storey villas, 650-100 sq ft, priced from RM300k but it is at iPOH This post has been edited by EnergyAnalyst: Jun 1 2015, 04:27 PM
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TSEnergyAnalyst	Jun 1 2015, 04:48 PM Return to original view \| Post #7
Look at all my stars!! Senior Member 4,141 posts Joined: Oct 2012	QUOTE(lrm8888 @ Jun 1 2015, 04:38 PM) i'm not sure if m'sia is ready for this. i mean most asian parents prefer to live with their children. Tell them to stay in old folks village is like telling them that the children is going to abandon them. you may need to wait for another generation. just my 2 cents, i may be wrong... some old folks want to be independent from their children, or they may have no children for one reason or another, yes, I agreed, it is still niche, but i am intrigued nonetheless, because one of the biggest operator Lend Lease Group is a multinational property and infrastructure company headquartered in Sydney, Australia. Lend lease is among others having done this in Malaysia QUOTE Possibility that Fullerton and Oasia Hotel will be in Puteri Harbour? ----------------------------------------- UEM Sunrise to unveil tie-ups KUALA LUMPUR: UEM Sunrise Bhd (UEMS) is expected to announce soon several partnerships in mall management/investment, property development and hospitality, with three local and foreign parties, according to sources. The Edge Financial Daily understands that UEMS is partnering Australia’s Lend Lease Corp, Hong Kong-based property developer Sino Group and its Singapore affiliate Far East Organisation, and United Malayan Land Bhd (UM Land) in several commercial ventures in Kuala Lumpur and Johor. It is believed UEMS’ deal with Lend Lease will give the latter the first right of refusal on all UEMS development land in the country pertaining to retail development, both for investment as well as management of the retail component. Lend Lease will participate in the development of Publika 2, the shopping mall with one million sq ft in net lettable area being developed in the upcoming Floresta — Solaris 3 project in Kuala Lumpur. It is unclear whether Lend Lease’s involvement will be via equity participation or management of the mall. The integrated Floresta — Solaris 3 project has a gross development value (GDV) of RM2.33 billion. Located on 18.7 acres (7.56ha) near The Federal Territory Mosque in Jalan Duta, the project will include several high-rise buildings including a 50-storey tower. This project will be undertaken by Ibarat Duta Sdn Bhd, a 70:30 partnership between UEMS and Melavest Sdn Bhd. Melavest is wholly owned by Taylor’s Education Bhd. Sources tell The Edge Financial Daily that UEMS may hand over the management of the existing Publika Shopping Gallery in Solaris Dutamas to Lend Lease. In Malaysia, Lend Lease currently has a stake and also manages Setia Mall in Shah Alam. Heading south, UEMS — the flagship company for the property businesses of UEM Group and Khazanah Nasional Bhd — is expected to rope in Lend Lease to operate the Mall of Medini in Iskandar Johor. The Mall of Medini project is a 55:45 joint venture between UEMS and Iskandar Investment Bhd (IIB). This development spans some 35 acres and comprises street-style retail, entertainment facilities, shopping malls and serviced apartments designed to provide a unique retail, entertainment and lifestyle experience. The street-style retail component has been completed and the remaining components are expected to be completed in 2017. UEMS is also expected to sign a deal that could see the debut of the Fullerton hospitality brand in Malaysia. Hong Kong’s Sino Group and its Singapore affiliate Far East operate the luxury class The Fullerton Bay Hotel and The Fullerton Hotel in Singapore. It is learnt that the Fullerton Hotel, which is popular for its chocolate buffets, will have a presence in Puteri Habour. Sources say that the deal may extend to include another hotel brand under the group call Oasia. However, it could not be determined if the collaborations will merely be a management deal or if the foreign party will invest in the development of the hotel. Should these two hotel brands have a presence in Puteri Harbour, the hotels will join two other brands already there — the currently operational Traders Hotel and the soon to open Somerset Serviced Residence. Yet another deal expected to be inked between UEMS and UM Land is a joint venture for the development of retirement condominiums. Details of this partnership remain sketchy. Both companies already have a 50:50 joint venture for a RM1 billion GDV project in parcel CS3 in Puteri Harbour located on a 6.7-acre site. The Somerset project is in fact a joint venture project between UM Land and UEMS. Based on UEMS’ presentation material dated January 2014, it has 68.4 acres remaining in Puteri Harbour for development. -The Edge Malaysia 12 Jun 2014- Lend lease is also ahem ahem, partner for 1MDB for TRX http://www.thestar.com.my/Business/Busines...ents/?style=biz This post has been edited by EnergyAnalyst: Jun 1 2015, 04:50 PM
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TSEnergyAnalyst	Jun 1 2015, 05:14 PM Return to original view \| Post #8
Look at all my stars!! Senior Member 4,141 posts Joined: Oct 2012	QUOTE(zonefinder @ Jun 1 2015, 04:53 PM) I think a lot of folks will be interested if the centre is done up nicely. The younger generation are much more mobile these days and many of our children, in fact, work overseas. Caring for the old is taxing especially if cranky! I wouldn't want to burden them later on if I can get a place where there is good company and health care readily at hand. +1 anyway...we may not be baby boomer , but we should be certainly not THAT far , hence we should be catching on soon....aren't we supposed to be high income nation by 2020 http://www.forbes.com/sites/vanessagrout/2...ment-community/ This post has been edited by EnergyAnalyst: Jun 1 2015, 05:15 PM
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TSEnergyAnalyst	Mar 26 2018, 09:56 AM Return to original view \| Post #9
Look at all my stars!! Senior Member 4,141 posts Joined: Oct 2012	Just realize I have opened another thread on the same topic. Can I ask two threads be merged? (
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TSEnergyAnalyst	Jan 23 2021, 09:11 AM Return to original view \| IPv6 \| Post #10
Look at all my stars!! Senior Member 4,141 posts Joined: Oct 2012	https://www.malaymail.com/news/malaysia/202...built-r/1943092 Well well what do you know » Click to show Spoiler - click again to hide... « In early step on Malaysia’s ageing population, Putrajaya eyes purpose-built retirement villages Friday, 22 Jan 2021 07:33 PM MYT BY DANIAL DZULKIFLY Housing and Local Government Minister Zuraida Kamaruddin says the ministry is proactively addressing Malaysia’s increasingly ageing population by developing retirement villages. KUALA LUMPUR, Jan 22 ― The Housing and Local Government Ministry (KPKT) is proactively addressing Malaysia’s increasingly ageing population by developing retirement villages specifically catered to those entering their golden years. Minister Zuraida Kamaruddin said the initiative will be implemented by Perbadanan PR1MA Malaysia (PR1MA) in collaboration with other private entities to successfully develop a cohesive and conducive living environment for the elderly. “Evidently, KPKT has taken proactive measures to face an ageing population. KPKT via its subsidiary PR1MA is currently drafting a policy that will be announced in the first quarter of 2021. “This policy will address all the fundamental elements that are needed for senior citizens to live in a harmonious environment with adequate health facilities. PR1MA will collaborate with strategic partners to develop several retirement villages on the land PR1MA already owns in near future,” she said in her keynote address at the Malaysia Population Aging Forum today. Zuraida said Malaysia already has about two million people categorised as senior citizens (those above the age of 60) and that this figure could double as early as 2030. “So this is very important for long-term plan for the government because if we tackle them now, the government will spend less in healthcare, for hospitals, for medication because they (the elderly) are being taken care earlier and therefore when they age, the chances for them to face further health complications would be lesser,” she said. The retirement village will be designed with accessibility and convenience in mind and with an emphasis on community development, healthcare, and even employment, Zuraida said. “When you grew older, I think you are looking at a different way of living in your old age because you want to be in your peer group, you want to be with people with the same wavelength, you want to still share ideas, you want to interact, so you need to come together in community so that they can also be productive actually,” she said. When asked whether it would be costly for the elderly to live in these villages, Zuraida said it would depend on the specific facilities provided at the retirement village. However, she said the government would look into providing a scheme for those in lower income groups. Zuraida said that PR1MA was identifying several potential locations to develop a retirement village, with the first to possibly be ready in the next two to three years. Earlier in her keynote address, Zuraida also advised local authorities nationwide to adjust their respective regulations to anticipate the challenges of an ageing population. “All local authorities in Malaysia must not just foresee the demographic change but a significant policy revamp is also needed. A good example would be, before a building plan is approved by the local government, from now onwards they have to ensure that the building is equipped with sufficient facilities for those with less mobility. “The standards should be raised from now onwards so that our policies are still relevant 25 years in future,” she said. This post has been edited by EnergyAnalyst: Jan 23 2021, 09:16 AM
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TSEnergyAnalyst	Oct 14 2021, 03:49 PM Return to original view \| IPv6 \| Post #11
Look at all my stars!! Senior Member 4,141 posts Joined: Oct 2012	https://www.theedgemarkets.com/article/igb-...services-sector
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TSEnergyAnalyst	May 16 2023, 01:18 AM Return to original view \| IPv6 \| Post #12
Look at all my stars!! Senior Member 4,141 posts Joined: Oct 2012	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 AbbyCom liked this post
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TSEnergyAnalyst	May 17 2023, 01:22 AM Return to original view \| IPv6 \| Post #13
Look at all my stars!! Senior Member 4,141 posts Joined: Oct 2012	QUOTE(nexona88 @ May 16 2023, 10:01 PM) The next big thing in Malaysia Our country slowly becoming ageing nation.... So it's naturally retirement home / resort / villa whatsoever is in demand 👍 Still, scepticism is there....By even experts https://www.nst.com.my/property/2023/01/869...ysia-yes-and-no
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TSEnergyAnalyst	May 17 2023, 01:30 AM Return to original view \| IPv6 \| Post #14
Look at all my stars!! Senior Member 4,141 posts Joined: Oct 2012	https://www.aljazeera.com/economy/2023/4/18...mic-withdrawals QUOTE Malaysians face poverty after retirement as pension crisis looms Many Malaysians dipped into their pension during pandemic, but 81 percent of contributors face poverty in retirement. Such statistics is not that encouraging for the development... If this turns out right, we can only expect T20 are the only ones able to afford
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TSEnergyAnalyst	May 20 2023, 01:16 PM Return to original view \| IPv6 \| Post #15
Look at all my stars!! Senior Member 4,141 posts Joined: Oct 2012	QUOTE(forever1979 @ May 17 2023, 07:42 AM) 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. I fear even that RM5k to RM7k may not be enough to be honest
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TSEnergyAnalyst	May 20 2023, 08:43 PM Return to original view \| IPv6 \| Post #16
Look at all my stars!! Senior Member 4,141 posts Joined: Oct 2012	https://www.iproperty.com.my/property-insig...-malaysia-84523 A good analysis
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TSEnergyAnalyst	May 23 2023, 01:00 AM Return to original view \| IPv6 \| Post #17
Look at all my stars!! Senior Member 4,141 posts Joined: Oct 2012	https://www.nst.com.my/news/nation/2023/05/...tion-work-nsttv Yikes https://www.malaymail.com/news/malaysia/202...-building/70398 » Click to show Spoiler - click again to hide... « "On behalf of Pacific Senior Living, we would like to record our deepest appreciation for the swift response and efforts of the firefighters and emergency personnel who diligently worked to control the fire and prevent further damage,” they said. They also said that updates will be provided as further information becomes available. The fire, which occurred on the fourth and fifth levels of the building, did not involve any victims, according to a Selangor Fire and Rescue Department spokesman. According to a report by The Edge recently, the building had been scheduled to be reopened late next year as a senior living facility by Pacific Senior Living Sdn Bhd, which had signed a 30-year lease with EPF. This post has been edited by EnergyAnalyst: May 23 2023, 01:03 AM
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TSEnergyAnalyst	Oct 30 2023, 11:46 PM Return to original view \| IPv6 \| Post #18
Look at all my stars!! Senior Member 4,141 posts Joined: Oct 2012	https://www.newshubasia.com/post/human-capi...ut-in-malaysia/ looks good actually, anyone have more info? https://pacificseniorliving.com.my/
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