Asset Portfolio



Property description

Smiling Home Medis Koshigaya Gamo is a freehold 6-storey paid nursing home with care service consisting of 100 units.

Located along the Tobu Isesaki Line, Smiling Home Medis Koshigaya Gamo is within a short walk from Gamo station and is near Dokkyo Medical University Koshigaya Hospital and Minami Koshigaya Kenshinkai Clinic.

Key Statistics

Land Tenure Freehold
Land Area 1,993 sq m
Floor Area 3,824 sq m
Number of Units (Rooms) 100
Year of Completion 1989
Conversion works were completed in 2005
Committed Occupancy 100%
Name of Lessee (s) Green Life Higashi Nihon 1
Appraised Value (as at 31 December 2016) ¥1,610 million (S$19.95 million)2
Location Map Click here to view location map

Note:

  1. Change of name with effect from 1 May 2013 due to organisational restructuring by Green Life Co., Ltd, parent company of Medis Corporation.
  2. The property was valued by Colliers International using the Direct Income, Cost and Discounted Cash Flow Approaches. Based on an exchange rate of S$1.00 to JPY 80.71.