Asset Portfolio



Property description

Konosu Nursing Home Kyoseien is a freehold 5-storey nursing rehabilitation facility consisting of 120 units.

Strategically located in the residential neighbourhood of Konosu City, Saitama prefecture, within the Greater Tokyo Region. The Property is easily accessible by train via Kitamoto train station and is approximately 90-minute drive from the central business district of Tokyo.

Key Statistics

Land Tenure Freehold
Land Area 8,715 sq m
Floor Area 5,634  sq m
Number of Units (Rooms) 120
Year of Completion 2015
Committed Occupancy 100%
Name of Lessee (s) Iryouhoujin Shadan Kouaikai
Appraised Value (as at 31 December 2017) ¥ 1,620 million (S$ 19.2 million)2
Location Map Click here to view location map

Note:

  1. The property was valued by K.K. Halifax Associates using the Direct Income, Cost and Discounted Cash Flow methods. Based on an exchange rate of S$1.00 to JPY 84.25.