| Elderly homes |
Senior Living residences |
| Mainly operated by NGOs, charities and listed companies |
Built by developers, owned by investors and operated by a private care company |
| A licence for operation is required |
Typically, no licence is required |
| The accommodation fee is usually paid monthly by the residents |
Various payment types: monthly fees, a debenture system or private treaty sales |
| Maximum building height of 24 meters |
No limits on the building height |
| Typically, residents lease a bed space rather than a certain designated private area |
Residents lease or buy a private self-contained apartment within the facility |
| In-house care is usually limited to nursing facilities and additional media care requires external services |
Have on-site medical and leisure facilities providing specialist services |
| Facilities are aimed at elderly residents who need regular nursing care |
The level of care provided is flexible and tailored to the residents’ actual needs |