We speak to three retirement village solution providers, to find out more about why the properties are getting more in demand
As populations age both globally and locally, there is an increasing demand for specialised housing and services tailored to the needs of seniors. Retirement villages offer a unique solution by providing a community-oriented environment that promotes independent living while offering various levels of support.
One key factor contributing to its popularity is the desire among retirees for an active and socially engaging lifestyle. These establishments often feature amenities such as fitness centres, communal spaces, and organised activities, fostering a sense of community and well-being. Additionally, the maintenance-free aspect of retirement village living appeals to seniors looking to simplify their lives by eliminating home upkeep responsibilities.
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Furthermore, the rise of retirement villages aligns with a shift in attitudes towards ageing. Many retirees today seek environments that prioritise health, security, and convenience. And these communities often offer healthcare services, security measures, and transportation options, which address the evolving needs of ageing populations.
The trend is further fuelled by family dynamics, as adult children and retirees alike see the appeal of supportive, community-based living arrangements that enhance quality of life during the later stages of adulthood. Overall, the growing popularity of retirement villages reflects a cultural shift towards valuing and prioritising a fulfilling and supported ageing experience.
We speak to Leonard Theng, Mark Chen, and Sharon Ang, the general managers of separate retirement villages, namely Sunway Sanctuary, Komune Living and Wellness (KLW), and Domitys Bangsar, respectively, to find out more about the concept and its benefits.