Service Scope

In order to generate more stable income for frail elderly to subsidize their late life medical and long term care expenses by releasing the potential values of their own property after they were admitted to nursing home facilities, Tung Wah first piloted the Tenancy Management Service for Senior Owner-occupiers, to help elderly persons to finance their own long term care expenses through social innovation.

The project aims at assisting the elderly people to renovate and rent out their own property to receive monthly rental incomes to support their long term care and late life expenses.