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


  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.