Banking on Senior Living

Datuk Kamalul Arifin Othman, Group Managing Director & CEO, Pelaburan Hartanah Berhad | Yanick Pilote, Section Chief, South-East Business, Medical Care Services Inc

10-Aug-18 09:30

Pause
Embed

The percentage of Malaysians above the age of 60 is steadily rising, according to the Malaysian Healthy Ageing Society. It was 6.2% in 2000, and is expected to hit 13.6% by 2030.

This trend is spurring ever greater interest in the the niche market of property development catered to senior citizens.

Pelaburan Hartanah Berhad together with UEM Group and Medical Care Services Inc have a joint venture to establish senior living developments here in Malaysia. Medical Care Services Inc was established back in 1999 in Japan to provide nursing care for the elderly.

What is a senior living development and how does that differ from an old folks’ home?

We discuss this as well as the rising demand for senior living here in Malaysia.

Presented by: Joyce Goh

This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories: Property

Tags: Senior living, Property, UEM Group,

Today’s Shows

11:00 AM

Best of Enterprise

(REPEAT) For the last decade, Qualgro has quietly focused on the "boring back end of the internet", B2B software, data, and AI. General Partner Weisheng Neo joins us to explain why this approach is paying off.

12:00 PM

Popcorn Culture

(REPEAT) We review Noah Baumbach's Jay Kelly, which stars Adam Sandler and George Clooney.

1:00 PM

Cruise Control

(REPEAT) Suzuki returns to Malaysia with the Fronx, a compact crossover that's pretty solid. But what's the catch? Daniel Fernandez shares his thoughts.

2:00 PM

Matt-Splained

(REPEAT) We look back at some of the incredible and amazing breakthroughs in science we’ve seen in 2025.

3:00 PM

Earth Matters

(REPEAT) Selangor’s proposed Batu Arang waste-to-energy incinerator has sparked major community concern. Two residents explain the risks, the lack of official response, and why safer alternatives are needed.

4:00 PM

Bar None

(REPEAT) Aftar Singh, sports journalist at the New Straits Times join us to talk about our hockey team, the Speedy Tigers and how they're doing at the moment.

5:00 PM

BBC World Service

How do you separate fact from fiction when it comes to food? This episode of The Food Chain finds the answer.

PROGRAMMES