Asset Portfolio



Property description

Habitation Jyosui is a freehold 11-storey building with paid nursing home consisting of 85 units. The building is part of an integrated development comprising of retail, commercial, residential and nursing home.

Conveniently located above the Yakuin-Odori Station along the Fukuoka City Subway Nanakuma Line in central district of Fukuoka city in the Fukuoka Prefecture. The Property is situated within the high end residential area, with close proximity to retail malls, hospitals and clinic.

Key Statistics

Land Tenure Freehold
Land Area 3,259 sq m1
Floor Area 6,076 sq m
Number of Nursing Home Units (Rooms) 87
Year of Completion 2005
Committed Occupancy 100%
Name of Lessee (s) K.K. Habitation
Appraised Value (as at 31 December 2016) ¥ 3,680 million (S$ 45.66 million)2
Location Map Click here to view location map

Note:

  1. Total land area for the integrated development.
  2. The property was valued by International Appraised Incorporated using the Direct Income, Cost and Discounted Cash Flow Approaches. Based on an exchange rate of S$1.00 to JPY 80.71.