Asset Portfolio



Property description

Haru no Sato is a freehold 3-storey nursing rehabilitation facility consisting of 100 units.

Strategically located in the residential neighbourhood of Shunan City, Yamaguchi prefecture. The Property is accessible from JR Fukukawa train station.

Key Statistics

Land Tenure Freehold
Land Area 4,241 sq m
Floor Area 3,568 sq m
Number of Nursing Home Units (Rooms) 100
Year of Completion 2000 / 2016
Committed Occupancy 98%
Name of Lessee (s) Medical Corporation Shojin-kai
Appraised Value (as at 31 December 2019) ¥ 1,290 million (S$ 16.0 million)1
Location Map Click here to view location map

Note:

  1. The property was valued by Enrix Co Ltd using the Direct Income, Cost and Discounted Cash Flow methods. Based on an exchange rate of S$1.00 to JPY 80.71.