Asset Portfolio



Property description

Sawayaka Niihamakan is a freehold 7-storey paid nursing home consisting of 135 units.

The Property is located up on a hill in the north-eastern area of Ehime Prefecture, in northern area of Niihama City. It is approximately 4,100m to JR Yosan Line "Niihama Station".

Key Statistics

Land Tenure Freehold
Land Area 4,197 sq m
Floor Area 7,382 sq m
Number of Units (Rooms) 135
Year of Completion 2012
Committed Occupancy 100%
Name of Lessee (s) K.K. Sawayaka Club
Appraised Value (as at 31 December 2016) ¥ 1,500 million (S$ 18.59 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.