Asset Portfolio

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


  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.