Asset Portfolio

Property description

Sawayaka Mekari Nibankan is a freehold 3-storey paid nursing home consisting of 61 units.

Well nestled in a conducive residential area, the Property is approximately 2.5km to JR Kagoshima Main Line "Mojiko" Station.

Key Statistics

Land Tenure Freehold
Land Area 1,354 sq m
Floor Area 2,133 sq m
Number of Units (Rooms) 61
Year of Completion 2012
Committed Occupancy 100%
Name of Lessee (s) K.K. Sawayaka Club
Appraised Value (as at 31 December 2017) ¥ 352 million (S$ 4.18 million)1
Location Map Click here to view location map


  1. The property was valued by International Appraisals Incorporated using the Direct Income, Cost and Discounted Cash Flow Approaches. Based on an exchange rate of S$1.00 to JPY 84.25.