||300 Social sciences > 305 Social groups
||LPPKN - National Population and Family Development Board, Malaysia: Population and Family Research Division
||Retirement villages, Elderly, Senior citizens
||This journal article is the result of a paper presentation at the National Population Conference 2021 (PERKKS 21) on 16-17 November 2021 jointly organized by the National Population and Family Development Board (LPPKN), United Nations Population Fund (UNFPA) Malaysia, Faculty of Business and Economics, University of Malaya (UM ) in collaboration with WMIT Group Sdn Bhd.
||As Malaysia is predicted to be an ageing nation by the year 2030, developing a retirement village shall be an avenue for senior citizens to have a welfare and conducive placement for them to spend their time with value-added amenities that cater their special needs. This paper discusses the overview concept and elements of retirement village sector in Malaysia and other jurisdictions, and the possibility of having a sustainable legal framework in regulating the sector. The legal issues and possible unintended consequences that may arise out of the development of retirement village in Malaysia is also discussed in this paper.