The global ageing population presents significant challenges and opportunities for urban planners and housing developers. This study explores the factors that influence the reuse of properties for the development of age-friendly social housing through a comprehensive stakeholder analysis. Using a systematic literature review approach, we examine the roles, interests, and influences of key stakeholders, including government agencies, housing developers, community organisations, and the ageing population. The analysis reveals four main categories of factors: social, economic, environmental, and adaptability. Demographic trends, community needs, and public perception are social factors. Development costs, financing options, and market dynamics are economic factors. Environmental considerations are about sustainability practices and green building initiatives. The principles of flexibility, resilience, and circular economy are brought together as a multidimensional factor of adaptability. The conclusion is that collaborative approaches and policies that promote age-friendly housing are needed. Our results offer important information to policymakers, urban planners, and developers who are shaping sustainable and inclusive living environments for older adults. Finally, the challenges and opportunities of property reuse for age-friendly social housing are discussed and directions for future research are suggested.