Asset Portfolio

Property description

Habitation Hakata I, II and III is a paid nursing home facility consisting of 3 freehold buildings ranging from 3 to 8 storeys with a total of 318 rooms.

Well located in the residential area of Hakata-ku within Fukuoka City, 10 minute by car from the Zasshonokouma Station on the Nishitetsu Tenjin Omuta Line.

Key Statistics

Land Tenure Freehold
Land Area 15,336 sq m
Floor Area 21,415 sq m
Number of Nursing Home Units (Rooms) 318
Year of Completion 1984 to 20031
Committed Occupancy 100%
Name of Lessee (s) K.K. Habitation
Appraised Value (as at 31 December 2021) ¥ 4,070 million (S$ 48.4 million)2
Location Map Click here to view location map


  1. Habitation Hakata I on 1984, Habitation Hakata II on 1995, Habitation Hakata III on 2003.
  2. The property was valued by JLL Morii using the Direct Capitalisation and Discounted Cash Flow Methods. Based on an exchange rate of S$1.00 to JPY 84.17.