To retire or not to retire: intention towards concept of retirement village in Malaysia
The aging population has become a global phenomenon, posing as a major societal issue, especially in developing countries. The retirement village concept has emerged as a reliable option to suit the retirement lifestyle of the elderly. The present study aims to explore the perceptions of Malaysians&...
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Format: | Article |
Language: | English |
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Asia Business Research Corporation
2019
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Online Access: | http://psasir.upm.edu.my/id/eprint/82649/1/To%20retire%20or%20not%20to%20retire%20intention%20towards%20concept%20of%20retirement%20village%20in%20Malaysia.pdf |
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author | Lim, Xin Jean Siew, Imm Ng Kamal Basha, Norazlyn |
author_facet | Lim, Xin Jean Siew, Imm Ng Kamal Basha, Norazlyn |
author_sort | Lim, Xin Jean |
collection | UPM |
description | The aging population has become a global phenomenon, posing as a major societal issue, especially in developing countries. The retirement village concept has emerged as a reliable option to suit the retirement lifestyle of the elderly. The present study aims to explore the perceptions of Malaysians' buying intentions of retirement village units in Malaysia. Utilizing a quantitative approach, a total of 261 usable questionnaires were collected via self-administrated method and subsequently analyzed using PLS-SEM. Perceived risk, communicability, retirement planning, and social sustainability were found significant in influencing retirement village buying intention. The research findings have implications for both developers and academicians when embarking on retirement village project developments in Malaysia. |
first_indexed | 2024-03-06T10:32:11Z |
format | Article |
id | upm.eprints-82649 |
institution | Universiti Putra Malaysia |
language | English |
last_indexed | 2024-03-06T10:32:11Z |
publishDate | 2019 |
publisher | Asia Business Research Corporation |
record_format | dspace |
spelling | upm.eprints-826492020-09-14T08:07:56Z http://psasir.upm.edu.my/id/eprint/82649/ To retire or not to retire: intention towards concept of retirement village in Malaysia Lim, Xin Jean Siew, Imm Ng Kamal Basha, Norazlyn The aging population has become a global phenomenon, posing as a major societal issue, especially in developing countries. The retirement village concept has emerged as a reliable option to suit the retirement lifestyle of the elderly. The present study aims to explore the perceptions of Malaysians' buying intentions of retirement village units in Malaysia. Utilizing a quantitative approach, a total of 261 usable questionnaires were collected via self-administrated method and subsequently analyzed using PLS-SEM. Perceived risk, communicability, retirement planning, and social sustainability were found significant in influencing retirement village buying intention. The research findings have implications for both developers and academicians when embarking on retirement village project developments in Malaysia. Asia Business Research Corporation 2019 Article PeerReviewed text en http://psasir.upm.edu.my/id/eprint/82649/1/To%20retire%20or%20not%20to%20retire%20intention%20towards%20concept%20of%20retirement%20village%20in%20Malaysia.pdf Lim, Xin Jean and Siew, Imm Ng and Kamal Basha, Norazlyn (2019) To retire or not to retire: intention towards concept of retirement village in Malaysia. Asian Journal of Business Research, 9 (1). pp. 60-80. ISSN 2463-4522; ESSN: 1778-8933 10.14707/ajbr.190056 |
spellingShingle | Lim, Xin Jean Siew, Imm Ng Kamal Basha, Norazlyn To retire or not to retire: intention towards concept of retirement village in Malaysia |
title | To retire or not to retire: intention towards concept of retirement village in Malaysia |
title_full | To retire or not to retire: intention towards concept of retirement village in Malaysia |
title_fullStr | To retire or not to retire: intention towards concept of retirement village in Malaysia |
title_full_unstemmed | To retire or not to retire: intention towards concept of retirement village in Malaysia |
title_short | To retire or not to retire: intention towards concept of retirement village in Malaysia |
title_sort | to retire or not to retire intention towards concept of retirement village in malaysia |
url | http://psasir.upm.edu.my/id/eprint/82649/1/To%20retire%20or%20not%20to%20retire%20intention%20towards%20concept%20of%20retirement%20village%20in%20Malaysia.pdf |
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