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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Main Authors: Lim, Xin Jean, Siew, Imm Ng, Kamal Basha, Norazlyn
Format: Article
Language:English
Published: Asia Business Research Corporation 2019
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.
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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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