Asset Portfolio



Property description

Sawayaka Kiyotakan is a freehold 8-storey paid nursing home consisting of 108 units.

Well nestled in a conducive residential area, the Property is approximately 5km to JR Kagosima Main Line "Yahata" Station.

Key Statistics

Land Tenure Freehold
Land Area 2,597 sq m
Floor Area 5,661 sq m
Number of Units (Rooms) 108
Year of Completion 2013
Committed Occupancy 100%
Name of Lessee (s) K.K. Sawayaka Club
Appraised Value (as at 31 December 2016) ¥ 980 million (S$12.14 million)1
Location Map Click here to view location map

Note:

  1. 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.