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Home > Asset Portfolio > Nursing Home > HIBISU Higashi Sumiyoshi

Property Details

HIBISU Higashi Sumiyoshi is a freehold, 3-storey nursing home, consisting of 138 units.

It is strategically located in the residential neighbourhood of Osaka City, Osaka Prefecture. The Property is accessible from Kirewareuri Station and approximately 15 minute drive from Osaka Station.

Key Statistics

Land Tenure	Freehold
Land Area	1,735.03 sq m
Floor Area	3,857.24 sq m
Number of Units (Rooms)	138
Year of Completion	2024
Committed Occupancy	100%
Name of Lessee (s)	K.K. BISCUSS
Appraised Value (as at 31 August 2023)	¥2,690 million (S$22.8 million)1
Location Map	Click here to view location map

Note:

1. The Property was valued by Enrix Co., Ltd. using Discounted Cash Flow Method (based on Income Approach Value) and Cost Approach Value as reference. Based on an exchange rate of S$1.00 to ¥117.92.