As a result of Malaysia’s growing status as a developed nation, the demand for senior living healthcare facilities within the central business district is mounting. Though the market for luxury senior living healthcare is highly mature in other developed countries, Malaysia’s current track record is conducive for prospective business growth. However, the present market is lacking the necessities to accommodate and facilitate elderly care services for the upper-middle to higher income groups. The vast majority of elderly care facilities available in Kuala Lumpur, Johor, or other states, will soon exhaust their maximum capacity.
(The Malaysian Reserve, 12/3/2018)