Asset Portfolio

Property description

More Habitation Akashi is a freehold 6-storey paid nursing home with care service consisting of 91 units.

Located in the waterfront area of Harima Sea, More Habitation Akashi enjoys a fine seaview. It is easily accessible by Sanyo Dentetsu line and within a short walk to Nakayagi station.

Key Statistics

Land Tenure Freehold
Land Area 5,891 sq m
Floor Area 6,562 sq m
Number of Units (Rooms) 91
Year of Completion 1987;
Conversion works were completed in 2003
Committed Occupancy 100%
Name of Lessee (s) K. K. Alphabetta
Appraised Value (as at 31 December 2023) ¥1,830 million (S$17.0 million)1
Location Map Click here to view location map


  1. The property was valued by Enrix Co Ltd using the Direct Capitalisation and Discounted Cash Flow Methods. Based on an exchange rate of S$1.00 to JPY 107.5.
  2. Formerly known as Palmary Inn Akashi.