Asset Portfolio

Property description

Habitation Hakusho 1 is a freehold 3+1(basement)-storey paid nursing home consisting of 124 units.

Well located in the residential area of Yachimata City, centre of Chiba Prefecture and is approximately 10km from Narita Airport. The property is located approximately 2.4km northwest of Yachimata on the JR Sobu Main Line

Land Tenure Freehold
Land Area 15,706  sq m
Floor Area 6,959 sq m
Number of Nursing Home Units (Rooms) 124
Year of Completion 1986
Committed Occupancy 100%
Name of Lessee (s) K.K. Hakusho
Appraised Value (as at 31 December 2023) ¥ 1,670 million (S$ 15.5 million)2
Location Map Click here to view location map


  1. Formerly know as Hakusho no Sato.
  2. The property was valued by CBRE K.K using the Direct Capitalisation and Discounted Cash Flow Methods. Based on an exchange rate of S$1.00 to JPY 107.5.