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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) | Asset Co., Ltd |
| Appraised Value (as at 31 December 2021) | ¥1,700 million (S$20.2 million)1 |
| Location Map | Click here to view location map |
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Note:
- The property was valued by Cushman & Wakefield using the Direct Capitalisation and Discounted Cash Flow Methods. Based on an exchange rate of S$1.00 to JPY 84.17.
- Formely known as Palmary Inn Akashi.
