In Depth

Impact of MCO 2.0 on the property market

The building and development industry is among the many hard-hit sectors, but gritting their teeth through it, its key stakeholders concur MCO 2.0 is necessary.

Michael Jackson's Neverland Ranch finally off the market

Within 2,700 acres, it consists of a 12,000 sq ft main house, two guest houses with four bedrooms and two bedrooms respectively, several barns, animal shelter facilities, a maintenance shop and a four-acre lake with a fountain.

Designing for independent senior living

Design for independent senior living has not seen much demand for now, as there has not been much awareness on such a concept, says Malaysian Institute of Interior Designers (MIID) deputy president Ooi Boon Seong.

‘Age in place’ should have a more stringent definition

Jones Lang Wootton executive director Malathi Thevendran: To target the seniors and to provide age-in-place amenities in the true sense, the development has to provide for all aspects of senior living, such as independent, assisted and full care

Current deterrents to the development of retirement villages

Jones Lang Wootton executive director Malathi Thevendran: The additional commitment could result in higher risks and more uncertainties from the perspective of developers. Some developers are reluctant to undertake unknown ventures as there are other forms of developments that could be less risky and more profitable.

For retirement villages to work

With greater awareness about independent and active living in the golden years, more people are beginning to plan for their retirement days, starting with homes that facilitate limited mobility and with more immediate accessibility to medical care.