Asset Portfolio



Property description

Senior Chonaikai Makuhari Kan is a freehold 5-storey paid nursing home with care service consisting of 108 units.

Located along the JR Sobu line in Hanamigawa-ku, Senior Chonaikai Makuhari Kan is within a short walk from Makuhari station and is near to Chiba Kensei Hospital and Makuhari Clinic.

Key Statistics

Land Tenure Freehold
Land Area 2,853 sq m
Floor Area 4,361 sq m
Number of Units (Rooms) 1082
Year of Completion 1992;
Conversion works were completed in 2004
Committed Occupancy 100%
Name of Lessee (s) Riei Co., Ltd
Appraised Value (as at 31 December 2016) ¥1,790 million (S$22.18 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.
  2. As at 31 Mar 2009, the total number of units increased from 107 to 108. Operator had converted one (1) Twin Type unit to two (2) Single Type units.