"Asia is likely to see more upmarket retirement villages as affluent Asian baby boomers plan for active ageing." Noeleen Goh, JLL director in Capital Markets, specializing in senior living.
The new challenge of housing Asia’s aging population
With Asia-Pacific’s elderly population expected to swell by almost five times by 2050 and family dynamics changing fast, the region is facing tough new challenges in how to house and care for the older generation.