The growing senior market: Rising demand, limited supply
The growing senior market: Rising demand, limited supply
Phnom Penh Post:
One UN estimate projects an increase in the size of the elderly population from 1.1 million in 2015 to around two million in 2030.
The Ministry of Health has contended that by 2050, one in five Cambodians (21 per cent) will be over 60.
While certainly a challenge to Cambodia, this also presents an opportunity as a new market with growing demand develops.
To date, there are very few private firms focused on serving the elderly, yet there are reasons to be confident that businesses serving seniors are likely to be profitable and sustainable as the demand for products and services for the elderly is already high despite the absence of firms to meet this steadily increasing demand.
https://www.phnompenhpost.com/opinion/g ... ted-supply
Its not going to be an easy project, elder with good financial status can have necessary services at nearby country, where those with lower financial status, not able to pay for a good one. Its a good chance, but require in depth study to make it happen and survive in free market.
One UN estimate projects an increase in the size of the elderly population from 1.1 million in 2015 to around two million in 2030.
The Ministry of Health has contended that by 2050, one in five Cambodians (21 per cent) will be over 60.
While certainly a challenge to Cambodia, this also presents an opportunity as a new market with growing demand develops.
To date, there are very few private firms focused on serving the elderly, yet there are reasons to be confident that businesses serving seniors are likely to be profitable and sustainable as the demand for products and services for the elderly is already high despite the absence of firms to meet this steadily increasing demand.
https://www.phnompenhpost.com/opinion/g ... ted-supply
Its not going to be an easy project, elder with good financial status can have necessary services at nearby country, where those with lower financial status, not able to pay for a good one. Its a good chance, but require in depth study to make it happen and survive in free market.
- Duncan
- Sir Duncan
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Re: The growing senior market: Rising demand, limited supply
Well that's all good news. Now when I get old I will be able to enter a old folks home in Cambodia instead of Australia.
Cambodia,,,, Don't fall in love with her.
Like the spoilt child she is, she will not be happy till she destroys herself from within and breaks your heart.
Like the spoilt child she is, she will not be happy till she destroys herself from within and breaks your heart.
Re: The growing senior market: Rising demand, limited supply
What do you mean "Get Old" you are old, lol.
- Duncan
- Sir Duncan
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Re: The growing senior market: Rising demand, limited supply
What a insult. I am not in my 90 's yet.
Cambodia,,,, Don't fall in love with her.
Like the spoilt child she is, she will not be happy till she destroys herself from within and breaks your heart.
Like the spoilt child she is, she will not be happy till she destroys herself from within and breaks your heart.
- SternAAlbifrons
- Expatriate
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Re: The growing senior market: Rising demand, limited supply
Don't insult me.
Whatever makes you think i would want to live in a retirement village with guys like ^^^ you??
Re: The growing senior market: Rising demand, limited supply
My most sincere apology to you my good sir, statement above mean no offense.SternAAlbifrons wrote: ↑Fri Sep 06, 2019 3:10 pmDon't insult me.
Whatever makes you think i would want to live in a retirement village with guys like ^^^ you??
- SternAAlbifrons
- Expatriate
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Re: The growing senior market: Rising demand, limited supply
Not at all M. Xie.Adam Xie wrote: ↑Fri Sep 06, 2019 3:23 pmMy most sincere apology to you my good sir, statement above mean no offense.SternAAlbifrons wrote: ↑Fri Sep 06, 2019 3:10 pmDon't insult me.
Whatever makes you think i would want to live in a retirement village with guys like ^^^ you??
My apologies, I was joking.
I would gladly buy a share in a retirement village where any of you guys resided.
(but it have to be very very cheap )
Re: The growing senior market: Rising demand, limited supply
Mind to share the range of price which you believe to be cheap?SternAAlbifrons wrote: ↑Fri Sep 06, 2019 4:11 pmNot at all M. Xie.Adam Xie wrote: ↑Fri Sep 06, 2019 3:23 pmMy most sincere apology to you my good sir, statement above mean no offense.SternAAlbifrons wrote: ↑Fri Sep 06, 2019 3:10 pmDon't insult me.
Whatever makes you think i would want to live in a retirement village with guys like ^^^ you??
My apologies, I was joking.
I would gladly buy a share in a retirement village where any of you guys resided.
(but it have to be very very cheap )
- phuketrichard
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Re: The growing senior market: Rising demand, limited supply
saw a short news item on BBC this morning,
a retirement community in Canada for those that suffer from dementia.
Its a 7 acre fenced in, ( ie read walls) where they can freely walk around
costs start at C$7,000/month!!
a retirement community in Canada for those that suffer from dementia.
Its a 7 acre fenced in, ( ie read walls) where they can freely walk around
costs start at C$7,000/month!!
In a nation run by swine, all pigs are upward-mobile and the rest of us are fucked until we can put our acts together: not necessarily to win, but mainly to keep from losing completely. HST
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