Retirement village buying intention: a case study on the Muslim and non-Muslim Malaysian elderly

Purpose: The well-being of the elderly is a growing issue of concern for countries around the world. One way to enhance the elderly well-being is to provide housing options suitable to their needs and lifestyle. Retirement village is an accommodation concept foreign to the Malaysian population. Ther...

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Main Authors: Ng, Siew Imm, Fang, Zhao, Lim, Xin Jean, Kamal Basha, Norazlyn, Sambasivan, Murali
Format: Article
Language:English
Published: Emerald 2020
Online Access:http://psasir.upm.edu.my/id/eprint/87472/1/Retirement%20village%20buying%20intention.pdf
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author Ng, Siew Imm
Fang, Zhao
Lim, Xin Jean
Kamal Basha, Norazlyn
Sambasivan, Murali
author_facet Ng, Siew Imm
Fang, Zhao
Lim, Xin Jean
Kamal Basha, Norazlyn
Sambasivan, Murali
author_sort Ng, Siew Imm
collection UPM
description Purpose: The well-being of the elderly is a growing issue of concern for countries around the world. One way to enhance the elderly well-being is to provide housing options suitable to their needs and lifestyle. Retirement village is an accommodation concept foreign to the Malaysian population. Therefore, the purpose of this paper is to bridge this literature gap by analyzing factors that may inhibit or motivate the buying intention of a retirement village unit among the elderly in Malaysia. Design/methodology/approach: Data were collected from 261 Malaysian elderly and analyzed using structural equation modeling PLS. Findings: The results indicated that attitude, subjective norm, perceived behavioral control and social sustainability were significant predictors that explained elderly buying intention of retirement village. Originality/value: The study also found a significant moderating role of religion in attitude–intention relationship. The paper concludes with the study’s implications, limitations and recommendations for future research.
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spelling upm.eprints-874722022-03-10T08:35:06Z http://psasir.upm.edu.my/id/eprint/87472/ Retirement village buying intention: a case study on the Muslim and non-Muslim Malaysian elderly Ng, Siew Imm Fang, Zhao Lim, Xin Jean Kamal Basha, Norazlyn Sambasivan, Murali Purpose: The well-being of the elderly is a growing issue of concern for countries around the world. One way to enhance the elderly well-being is to provide housing options suitable to their needs and lifestyle. Retirement village is an accommodation concept foreign to the Malaysian population. Therefore, the purpose of this paper is to bridge this literature gap by analyzing factors that may inhibit or motivate the buying intention of a retirement village unit among the elderly in Malaysia. Design/methodology/approach: Data were collected from 261 Malaysian elderly and analyzed using structural equation modeling PLS. Findings: The results indicated that attitude, subjective norm, perceived behavioral control and social sustainability were significant predictors that explained elderly buying intention of retirement village. Originality/value: The study also found a significant moderating role of religion in attitude–intention relationship. The paper concludes with the study’s implications, limitations and recommendations for future research. Emerald 2020-10-12 Article PeerReviewed text en http://psasir.upm.edu.my/id/eprint/87472/1/Retirement%20village%20buying%20intention.pdf Ng, Siew Imm and Fang, Zhao and Lim, Xin Jean and Kamal Basha, Norazlyn and Sambasivan, Murali (2020) Retirement village buying intention: a case study on the Muslim and non-Muslim Malaysian elderly. Asia Pacific Journal of Marketing and Logistics, 32 (7). 1451 - 1473. ISSN 1355-5855; ESSN: 1758-4248 https://www.emerald.com/insight/content/doi/10.1108/APJML-05-2019-0295/full/html 10.1108/APJML-05-2019-0295
spellingShingle Ng, Siew Imm
Fang, Zhao
Lim, Xin Jean
Kamal Basha, Norazlyn
Sambasivan, Murali
Retirement village buying intention: a case study on the Muslim and non-Muslim Malaysian elderly
title Retirement village buying intention: a case study on the Muslim and non-Muslim Malaysian elderly
title_full Retirement village buying intention: a case study on the Muslim and non-Muslim Malaysian elderly
title_fullStr Retirement village buying intention: a case study on the Muslim and non-Muslim Malaysian elderly
title_full_unstemmed Retirement village buying intention: a case study on the Muslim and non-Muslim Malaysian elderly
title_short Retirement village buying intention: a case study on the Muslim and non-Muslim Malaysian elderly
title_sort retirement village buying intention a case study on the muslim and non muslim malaysian elderly
url http://psasir.upm.edu.my/id/eprint/87472/1/Retirement%20village%20buying%20intention.pdf
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