KPJ Healthcare Berhad - Annual Report 2014 - page 122

KPJ is one of the few Malaysian healthcare
operators to have invested in Aged Care. Firm
in the belief that demand for this service will
increase along with ageing populations, we
have invested in Jeta Gardens, Australia, while
also setting up a KPJ Senior Living Care at one
of our own hospitals in Kuala Lumpur.
JETA GARDENS
KPJ has a 57% stake in Jeta Gardens, an aged
care and retirement resort village facility in
Brisbane, Australia. Located on 64 acres along
the banks of the Logan River in Bethania,
between Brisbane and the Gold Coast, the
multi-ethnic residents of the village resort
enjoy a tranquil atmosphere which combines
the best of the East and West.
The Retirement Resort currently offers 65
independent living units comprising 33 villas
and 32 apartments, which are leased out to
retired residents on a pre-paid long-term
arrangement. Given the picturesque
surroundings, enhanced by a lake that attracts
birds, and the facilities of a club house and
cafeteria, these villas and apartments enjoy
high occupancy rates. As an added bonus,
residents in the retirement village have easy
access to clinical and domestic care, if needed,
as the Aged Care facility is situated on the
same grounds. Jeta Gardens has also
contracted with the Department of Social
Services to provide domestic and transport
services to approved clients living in South
Brisbane and the Jeta Gardens Retirement
Village.
The Aged Care facility in Jeta Gardens provides
residential care for persons, including former
residents of the retirement village, who are no
longer capable of living independently. Currently
offering 108 beds, the facility is set to expand
with an additional 70 beds when a new building
is completed in April 2015. Expansion of the Aged
Care facility is motivated by the high current
occupancy rate, and anticipated growth in
demand as the population of senior citizens aged
over 65 years in Australia increases over the next
40 years from 3.6 million in 2014–2015 to
8.9 million in 2054–2055.
The new Aged Care building will feature a unique
“house” concept, grouping 12 residents together
in separate wings. Each “house” will function as
a normal home, with its own facilities such as a
kitchenette, dining area and lounge, doing away
with the institutionalised atmosphere. The first
residents are expected to move into their new
homes in May 2015.
+
Source: 2015 Integenerational Report Australia in 2015
Business Review
SENIORLIVING
CARE
120
KPJ Healthcare Berhad annual report
2014
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