A group of surveyors has called on the government to partner with NGOs and developers to build new flats specifically tailored for elderly people, as the city faces a rapidly ageing population.
The Hong Kong Institute of Surveyors said on Thursday that the government should offer a land premium discount for developers and NGOs to build homes fitted with items such as handrails and slip-resistant floors.
Under the group's proposal, an elderly person would pay a one-off lump sum ranging from HK$1.88 million to HK$2.87 million to rent a home where they could stay for the rest of their lives.
The charge would also cover basic care services and the institute said day-care centres, clinics, nursing stations and community centres should be built adjacent to the apartments.
Residents could get a refund of around 35 to 40 percent of the amount if they decided to move out.
CK Chan, a fellow of the institute, said the homes would benefit the city's middle-income elderly residents who don't qualify for public housing.
"It is also necessary that in the private sector, or outside public housing, there are suitable accommodation for this group of people," Chan said.