Basic HTML Version
Annual Report 2013
KPJ HEALTHCARE BERHAD
144
Business
Review
Aged Care and Retirement Village
KPJ’s foothold in the Aged Care and
Retirement segment continues to grow
from strength to strength. Via our 57%
equity stake in Jeta Gardens (Qld) Pty Ltd,
we have a majority shareholding in the
ownership and interest of Jeta Gardens
- Australia’s rst retirement village and
aged care resort based on Eastern
values located on a 68-acre property in
Queensland, Australia. As our gateway
to the retirement world, the Australian
aged care and retirement model is
helping us gain better insights into
the provision of retirement care to the
elderly which we plan to replicate for
Malaysia’s Golden Boomers. As patients
move into their golden years, we will be
well placed to meet their geriatric health
and nursing needs. In delivering value to
the elderly, we are ensuring the Group’s
long-term sustainability.
Jeta Gardens
Delivering
Value to
the Golden
Boomers
Developments To Date and Future Plans
The Jeta Gardens development sits on
68 acres of scenic parkland in Bethania with
the Logan River at its backyard. To date, it
encompasses 33 independent living retirement
villas, 32 retirement apartments and a 108-bed
aged care facility. Currently, Jeta Gardens is
fully occupied with a long list of prospective
clients waiting to enter the aged care facility. To
cater for this pent-up demand and increase the
capacity for aged care residents, construction
of a 72-bed building has begun and is scheduled
for completion by the second quarter of 2015.
Jeta Gardens is well suited for residents who
plan to move into the villas and apartments
while they are still fairly independent, and who
will then move into the aged care facility when
they become less independent and need care.
All this is done within the same surroundings
Jeta Gardens
encompasses
33
independent living
retirement villas,
32
retirement apartments
and a
108-bed aged
care facility.