Asset Portfolio

Property description

Hapine Fukuoka Noke is a freehold 5-storey paid nursing home with care service consisting of 64 units.

Well nestled in a conducive residential area, the Property is approximately 0.9km from Subway Nanakuma Line "Noke" Station.

Key Statistics

Land Tenure Freehold
Land Area 1,396 sq m
Floor Area 2,912 sq m
Number of Units (Rooms) 64
Year of Completion 2006
Committed Occupancy 100%
Name of Lessee (s) Green Life Co., Ltd 1
Appraised Value (as at 31 December 2016) ¥ 899 million (S$11.14 million)2
Location Map Click here to view location map


  1. Change of name with effect from 1 May 2013 due to organisational restructuring by Green Life Co., Ltd, parent company of Care Link Co., Ltd.
  2. 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 80.71.