Asset Portfolio



Property description

Maison des Centenaire Ohhama is a freehold 5-storey paid nursing home consisting of 47 units.

Well nestled in a conducive residential area near a bay in the center of Sakai City of Osaka Prefecture, the Property is approximately 1,000m to Nankai Electric Railway Nankai main line "Sakai Station".

Key Statistics

Land Tenure Freehold
Land Area 1,281 sq m
Floor Area 1,717 sq m
Number of Units (Rooms) 47
Year of Completion 1990
Committed Occupancy 100%
Name of Lessee (s) Miyako Enterprise Co., Ltd.
Appraised Value (as at 31 December 2017) ¥757 million (S$ 8.99 million)1
Location Map Click here to view location map

Note:

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