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Home > Asset Portfolio > Nursing Home > Habitation Kisarazu Ichibankan

Property description

Habitation Kisarazu Ichibankan is a freehold 4-storey nursing home consisting of 150 units.

Strategically located in the residential neighbourhood of Kisarazu City, Chiba prefecture. The Property is accessible from JR Sodegaura station.

Land Tenure	Freehold
Land Area	5,096.04 sq m
Floor Area	7,065.84 sq m
Number of Nursing Home Units (Rooms)	150
Year of Completion	2017
Committed Occupancy	100%
Name of Lessee (s)	Fuyo Shoji Kabushiki Kaisha
Appraised Value (as at 31 December 2023)	¥ 3,650 million (S$ 33.9 million)2
Location Map	Click here to view location map

Note:

1. The property was valued by Cushman & Wakefield K.K using the Direct Income, Cost and Discounted Cash Flow methods. Based on an exchange rate of S$1.00 to JPY 107.5.