
Silver lining
China DailyAn aerial view of the coastline at Bali island, Indonesia. According to government institute Statistics Indonesia's national socioeconomic survey, Indonesia currently has 29.7 million elderly, making up about 10.75 percent of the population. Statistics Indonesia classifies a population as aged when more than 7 percent of the people are elderly, which means Indonesia falls into that category. According to a report published by property agency Colliers Indonesia in May, the domestic senior housing sector "remains relatively undeveloped", largely due to cultural values of respect and devotion to one's parents. Moreover, Indonesia's population is still comparatively young, making the sector "unattractive to developers and investors at this time", leading to a limited supply of senior housing.
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Silver lining
China Daily
Silver lining
China Daily
Silver lining
China Daily
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