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 2023) ¥ 4,180 million (S$ 38.9 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 Cushman & Wakefield K.K using the Direct Capitalisation and Discounted Cash Flow Methods. Based on an exchange rate of S$1.00 to JPY 107.5.