Asset Portfolio

Property description

Excellent Tenpaku Garden Hills is a freehold 4-storey paid nursing home consisting of 94 units.

Well located in the residential area of Tenpaku-ku, 5 minutes drive from the Ueda Station on the Nagoya City Subway Tsurumai Line.

Key Statistics

Land Tenure Freehold
Land Area 6,593 sq m
Floor Area 4,000 sq m
Number of Nursing Home Units (Rooms) 94
Year of Completion 2013
Committed Occupancy 100%
Name of Lessee (s) K.K. Kokanomori
Appraised Value (as at 31 December 2017) ¥ 1,837 million (S$ 21.81 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.