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The purpose of this paper is to explore relation between wellbeing and sustainability in an attempt to establish theoretical concept for sustainable wellbeing. Over the years, growing number of researches seek to understand and reason with factors that influence and constitute wellbeing and its potential synergy with sustainability. Recent studies have highlighted that factors constituting wellbeing do not necessarily indicate sustainability. Despite sustainability, studies share the same aim that is to improve wellbeing. The distinction between sustainability and wellbeing is clear. Sustainability is more of a future-oriented concept, while wellbeing accounts for present condition. Consequently, wellbeing indicators fail to capture issues, such as inequalities, climate change, scarcity of natural resources and many others. Malaysia Wellbeing Report 2014 established 14 components of wellbeing that constituted under …