Seniors housing developers compete for Global Award

trophyNEW YORK: The five hundred and eighty-fourth entry for the seniors housing Global Awards 2016 has been received.

Urban planning rules should be revised, requiring every estate to include elderly care facilities such as nursing homes, according to the city’s first comprehensive plan on elderly care service, led by the University of Hong Kong.

The Elderly Services Program Plan, a two-year study commissioned by government advisory group Elderly Commission, also suggested introducing long-term health care insurance for the city’s aging population to ease the financial burden of the government. Demand for long-term nursing facilities is projected to double from about 60,000 this year to 125,000 by 2051.

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Global Over 50s Housing/Healthcare Awards.