INDUSTRY NEWS (3 March 2022)
Stethoscope: How to improve aged care
On Feb 14, Prime Minister Datuk Seri Ismail Sabri Yaakob announced the Census Report 2020. In 2010, 5.1% of Malaysians were above 65 years old. In 2020, 6.8% of Malaysians were above that age. In just 10 years, the absolute number of older persons had increased a staggering 57%. Indeed, according to the World Bank, Malaysia was already an ageing society in 2020, and will become an aged society in 2044 (14% of population 65 years old) and a super-aged society in 2056 (20% of population 65 years old).
How to project returns from your third residential property
Let’s say John is a 35-year-old real-estate investor who owns two residential properties and is looking to invest in a third – an 800 sq ft (75 sq m) apartment