By 2045, 14% of Malaysia’s population is expected to be aged 65 and above, making it an aged society. Today, various sectors are taking steps to handle the challenges ahead. The property development sector is introducing multiple typologies that address the changing demographic, be it ageing-in-place housing, multigenerational units or lifestyle retirement community.
“Over the past few years, we have seen developers market their products as senior-friendly or multigenerational homes. Multigenerational units are slowly gaining traction as it is very common in Malaysia for elderly parents to live with their adult children,” says Real Estate and Housing Developers’ Association (Rehda) Malaysia president Datuk Ho Hon Sang.
