Attracting Factors of Retirement Village Migration: A Literature Review

Abstract

Aging population remains a global phenomenon in this new millennium and is poised to become a major issue in developing countries. Malaysia is one of upper middle income country that is experiencing rapid aging of its population. Most of the time, aging population associated with abandonment by family and loneliness. As Malaysia’s ageing population is keep increasing, the need for an environment for fellowship and social interaction while enjoying the support services and amenities is becoming critical for retirees. The present study aim to investigate the attracting factors associated with a retirement village migration. Based on the literature review, four attracting factors have been identified that are facilities, environment, lifestyle, and healthcare status. This study is in progress, thus the expected outcome will helps the government to develop a retirement village that suit with Malaysia culture and preferences.