KUCHING: Malaysia is set to be an ageing nation by 2030 when 15 per cent of its total population now become senior citizens by then – given the age group 60 years old and above is classified under that category.

In 2014, the Malaysian population was 30.1 million, of which 2.65 million or 8.8 per cent were senior citizens, said Minister of Women, Family and Community Development Datuk Seri Rohani Abdul Karim.

http://www.theborneopost.com/2018/03/13/ma...-2030-minister/

her sos below reliable ka?

15% senior citizen considered as ageing nation already? what kind of benchmark is this... still got 85% not gonna be spending on property or big ticket items ke? how about those that born after year 2014?

Definition from un

http://www.un.org/en/sections/issues-depth/ageing/
https://www.unfpa.org/ageing

incidentally, malaysia is projected to become a aged nation in about 2050, when about a quarter of population will be over 60 y.o.

https://www.straitstimes.com/asia/se-asia/m...ageing-the-star
https://www.dosm.gov.my/v1/index.php?r=colu...Wl1RGg2MnBSZz09


This post has been edited by icemanfx: Jun 19 2018, 11:22 AM

Can aunty icy giv prediction on birth rate for the next 30yrs???

The national fertility rate in 2016 is the lowest rate ever recorded since the formation of Malaysia in 1963, Chief Statistician Datuk Seri Dr Mohd Uzir Mahidin revealed.

He said according to the Vital Statistics Malaysia 2017 report, the fertility rate per woman aged 15 to 49 in 2016 was 1.9 babies, a decrease from 2.0 babies in 2015.

"The total fertility rate in Malaysia has been below the replacement level of 2.1 babies, which is the average number of babies born per woman throughout her reproductive life has been insufficient to replace herself and her partner," he said in a statement here today.

http://www.thesundaily.my/news/2017/11/01/...016-lowest-1963

This post has been edited by icemanfx: Jun 19 2018, 11:28 AM

Icic

Wat bout ur prediction??? Higher fertility rate with new malai???

U know d quote about lies and statistics... Only well trained ppl should interpret statistics. Malaysia is most definitely NOT an aged nation.

Statistic is to mislead in different ways on different targeted grps.

this is an era of BIG DATA, 大数据 where our handphone knows more than we think we know ourselves. The data is real time, actual quantities and after cleaning away the noise, the computer can really analyse and predict how the whole population and individual would react.

we are way far behind in terms of BIG DATA. it is blessing in disguise because it also means giving away our privacy.

and sadly, we are talking about statistic that has no real application to individual, data that are arguable, and useless for the people in large.

I'm 90's and mortgage broker, yet I don't own a property. How sad

This post has been edited by ngph988: Jun 19 2018, 02:33 PM

'88 here.. 2 props.. 1 double storey terrace at puncak alam.. 1 single storey terrace at kepong.. Both also subsale.. Now looking for new project

Statistics is like big data, available to most to read but few could interpret or understand.

Do u mind sharing why you chose subsale previously? And what makes you wanna buy a new project for your next property?

We undoubtedly hv a young population needing houses. But, they r generally poor. So, we must match these people with credit. Even d ones in non traditional, shadow economy jobs...

Then, another boom will occur...

Same query from me, usually subsale buyer they have much more better holding power as price of property stagnant for secondary market whilst primary market pricing keep rising.

Sorry to interrupt.

Bought two property. One in 2016 (subsale). Another this year (new dev).

Got put off all this while and renting close to 9 years due to the fact people kept on chanting "waiting for prop burst".

Got tired of it. If only i went for gut feeling back then. Could have bought 4 prop with the cost i am paying for 2 now.

Bought new becos no deposit and free legal and S&P.

This post has been edited by TrollNoob: Jun 19 2018, 02:59 PM

providing easy credit to the poor (i.e subprime) is unsustainable and likely will end up like subprime crisis in u.s. in 2007.

could primary market price rise from developer overpricing?

Malaysia is not US, aunty. Subprime is a word that has different meanings here and in US. Some ppl whom u think r poor here, r actually far from poor...

agreed.... there are just so much more in msian pocket than the official statistic reported... alot of cash rich buyers also still wanna take loan from bank to better manage their cash flow despite they are actually able to pay for a full property by cash...