THG sees Thailands future as super-aged society, introduces Jin Wellbeing County as #Integrated Senior Care Solution Community, presents #Assisted Living renting model to target elderly requiring special care

Real Estate Press Releases Wednesday July 24, 2019 16:33
Bangkok--24 Jul--MT Multimedia

THG expects Thailand to become a super-aged society over the next decade and that the situation will drive the demand for residential complexes with integrated healthcare solutions. The first phase of its Jin Wellbeing County (Rangsit) project, introduced as an 'Integrated Senior Care Solution & Community', has entered the property transfer stage. It has launched the 'Assisted Living' furnished-residential-unit-leasing model to target the elderly requiring 24-hour special care, as well as a promotion campaign that will last until this yearend.

TANATIP SUPPRADIT, MD., VICE CHAIRMAN OF THONBURI HEALTHCARE GROUP PCL, OR THG, a leading comprehensive healthcare provider that is fully equipped with modern technologies and positions itself as the "Lifetime Health Guardian For All", revealed that many countries (including Thailand, South Korea, Singapore, China, Japan, United States, European countries, etc.) have become aging societies – with the citizens who are at least 60 years old representing more than 10%, or the citizens who are at least 65 years old representing more than 7%, of the population. Thailand is expected to become a super-aged society – with the citizens who are at least 65 years old representing more than 20% of the population and becoming more likely to suffer from dementia – which he said will raise the demand for the residential units that offer integrated healthcare solutions and apply modern nutrition and physical exercise techniques and facilities to residents.

He added that THG has developed and introduced Jin Wellbeing County (Rangsit) on a 22Ha plot on Phahon Yothin Road as an alternative residential complex that meets the modern lifestyle needs of the elderly – both locals and foreigners – who are still valuable members of society as well as attract the interest of the people planning for their retirement. The company hopes that the estate will serve as a model in Thailand for quality elderly care with integrated health and hospital facilities.

Positioned as an 'Integrated Senior Care Solution & Community', phase 1 (3Ha) of Jin Wellbeing County consists of the following:

1) Five Jin Residence low-rise buildings (two Cluster 1 buildings and three Cluster 2 buildings), which comprise 494 units – one-bedroom units (43-46sq.m. usable area for each unit) and one-bedroom-with-multipurpose-room units (63-66sq.m. unable area for each unit). They are designed to meet the elderly's lifestyle needs and equipped with indoor facilities (a swimming pool, a recreation room, etc.), outdoor facilities (treadmills, a lake, wheelchair-accessible pathways, vegetable gardening areas and outdoor activity areas), a tracking system and a 24-hour emergency unit. All the five buildings have been completely built, and they are available for unit transfer and equipped with the medical personnel who give advice for the elderly.

2) Thonburi Burana Hospital (51 beds), Thailand's first hospital that is dedicated to comprehensive eldercare. Expected to open in late third quarter, it is designed to provide preventive and rehabilitative wellness and fitness solutions, 24-hour inpatient and outpatient services, step-down care and care for the elderly patients of brain diseases (i.e. dementia and Alzheimer's disease) and neurological, cardiovascular, bone, joint and muscle diseases and disorders (including gastrointestinal disorders). The elderly patients will be given Assisted Living care, including safe care, partial care and step-down care, at Jin Residence building, as well as high care, step-down care for the patients still requiring treatment and illness care at Thonburi Burana Hospital.

3) Jin Wellness Institute, which provides the healthcare solutions that focus on wellness promotion and sustainable improvement to the residents and to the public (subject to fee payment), using natural, alternative and conventional medicines to develop preventive- and regenerative-medicine programmes and activities. Expected to open in the fourth quarter of this year, it comprises (i) Jin Wellness Clinic (where the risk of developing congenital diseases are assessed and the advice on anti-aging techniques is given by medical specialists), (ii) Jin Wellness Spa (where modern equipment, technologies and arts are applied to provide gentle treatment), (iii) Jin Wellness Workshop (where the body, mind and emotions are rebalanced and such activities as art therapy, music therapy, floral arrangement, cooking or meditation for therapeutic purposes are conducted), (iv) Jin Medifit Fitness (where a fitness gym, a room for recreation activities, dancing and yoga training and a salt water pool with a hot spring that helps balance body mechanisms are available) and (v) Jin Restaurant (where healthy food is served).

As of 18 July 2019, 146 units have been sold, 83 of which have been transferred and 63 of which are backlogs. THG seeks to increase the number of transferred units to 200 by the end of this year.

He noted that 40 Assisted Living residential units at Jin Wellbeing County have been introduced as furnished, ready-to-move-in rental units for the elderly requiring 24-hour special care by dedicated eldercare specialists and physicians and seeking the holistic rehabilitation solutions designed to promote their socialisation and their improvement in emotion, brain, memory (i.e. prevention against the development of dementia and Alzheimer's disease) and muscle strength, as well as such services as meals (three meals per day), refreshments (two refreshments per day), laundry (50 pieces per month), concierge, free Wi-Fi, electricity or running water.

A promotion campaign is being organised until 31 December 2019 for the renting of an Assisted Living unit for at least 12 months at a special rate of THB 45,000 (against the normal rate of THB 90,000) per month for a 43-46sq.m. one-bedroom unit or at THB 55,000 (against the normal rate of THB 105,000) per month for a 63-66sq.m. one-bedroom-with-multipurpose-room unit.


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