Asset Portfolio

Property description

Sawayaka Mekari Nibankan is a freehold 3-storey paid nursing home consisting of 61 units.

Well nestled in a conducive residential area, the Property is approximately 2.5km to JR Kagoshima Main Line "Mojiko" Station.

Key Statistics

Land Tenure Freehold
Land Area 1,354 sq m
Floor Area 2,133 sq m
Number of Units (Rooms) 61
Year of Completion 2012
Committed Occupancy 100%
Name of Lessee (s) K.K. Sawayaka Club
Appraised Value (as at 31 December 2023) ¥ 356 million (S$ 3.3 million)1
Location Map Click here to view location map


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