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Home > Asset Portfolio > Nursing Home > More Habitation Shin-Kobe

Property description

More Habitation Shin-Kobe is a freehold 10+1(basement)-storey paid nursing care home with care service consisting of 70 units.

Located in the commercial district in the southeast of Kobe City, More Habitation Shin-Kobe is easy accessible by Kobe City Subway line and within a 2-min walk from Shin Kobe station.

Key Statistics

Land Tenure	Freehold
Land Area	1,034 sq m
Floor Area	3,964 sq m
Number of Units (Rooms)	70
Year of Completion	1992
Committed Occupancy	100%
Name of Lessee (s)	Asset Co., Ltd
Appraised Value (as at 31 December 2021)	¥1,600 million (S$19.0 million)1
Location Map	Click here to view location map

Note:

1. The property was valued by Cushman & Wakefield using the Direct Capitalisation and Discounted Cash Flow Methods. Based on an exchange rate of S$1.00 to JPY 84.17.