Feasibility study of developing residential community in China for retired Hong Kong people.

by Chan Yuen Yee, Irene, Chung Wing Sze.Thesis (M.B.A.)--Chinese University of Hong Kong, 2002.Includes bibliographical references (leaves 64-65).Questionnaire also in Chinese.ABSTRACT --- p.iiACKNOWLEDGEMENT --- p.vTABLE OF CONTENTS --- p.viLIST OF TABLES --- p.ixChapterChapter I. --- INTRODUCTION --- p.1Background --- p.1Elderly People and the Living Environment --- p.2The Role of the Living Environment to Elderly People --- p.2The Housing and Environment Needs of Elderly People --- p.3Physical Aspects --- p.4Social Aspects --- p.4Objectives --- p.5Chapter II. --- SCOPE OF STUDY --- p.6Marco Environment --- p.6The Changing Profile and Characteristics of Elderly People in Hong Kong --- p.6Ageing population --- p.6Education Level --- p.8Earlier Retirement and Retirement Population --- p.8Economics --- p.9Policy and Regulations --- p.10Age of Retirement and Pension Scheme --- p.10Tax Allowance for Maintaining Dependents --- p.11Old Age Allowances and Senior Citizen Cards --- p.11Public Medical Service --- p.11Financial Assistance to the Aged --- p.12Increasing Needs of Personal Financial Planning --- p.12Staying Period for Hong Kong Citizens in China --- p.13Social Cultures --- p.13Self-financing and Living Independently at Old Ages --- p.13More Life & Health Conscious --- p.13Better Perception on the Living Quality in China --- p.14Trend of Cross-boundary Traveling Between Hong Kong and China --- p.14Micro Environment --- p.15Demand for Residential Service for Hong Kong Elderly in China --- p.15Increasing Market Size --- p.15Market Potentials --- p.15Needs of Community Development for the Elderly --- p.16Demand on Residential Service in China --- p.17Limitations of living in China --- p.17Supply of Elderly Accommodation Service in Hong Kong --- p.17Private Housing --- p.17Public Housing --- p.18Residential Care House --- p.18Supply of Elderly Accommodation Service in China --- p.19Residential Care Homes --- p.19Private Housing --- p.19Product Features --- p.20Price --- p.21Location --- p.21Promotion --- p.21Chapter III. --- METHODOLOGY --- p.23Primary Data --- p.23Survey Objectives --- p.23Sampling Population --- p.24Sampling Method --- p.24Process of Survey --- p.24Limitations --- p.25Data Analysis --- p.25Secondary Data --- p.25Chapter IV --- SURVEY RESULTS AND DISCUSSION --- p.26Profile of the Respondents --- p.26Lifestyle and Consumption Behavior after Retirement --- p.27Living Arrangement after Retirement --- p.27Daily Activities after Retirement --- p.28All Respondents --- p.28Difference between Retired and Non-Retired People --- p.28Demographic Factors --- p.29Average Monthly Expenditure after Retirement --- p.30Proportion of Different Expenses on Monthly Spending after Retirement --- p.31All Respondents --- p.31Difference between Retired and Non-Retired People --- p.31Correlation between Monthly Expenditure and Percentages of Different Expenses --- p.32Correlation between Different Expenses and Likelihood of Retirement in China --- p.32Demographic Factors --- p.32Retirement Plan in China --- p.33Reasons for Retirement in China --- p.35Reasons for not to retire in China --- p.36Buying Property in China --- p.38Ideal Dwelling for Retirement in China --- p.39Chapter V --- RECOMMENDATIONS --- p.43Market Size --- p.43Target Customers --- p.44Expected Expenditure --- p.44Product --- p.45Interior Design --- p.46Supplementary Property Management Service --- p.46Supplementary Community Facilities --- p.47Place --- p.48Price --- p.49Promotion --- p.49Chapter VI --- CONCLUSION --- p.51APPENDIX --- p.53BIBLIOGRAPHY --- p.6