Asset Portfolio

Property description

Sawayaka Niihamakan is a freehold 7-storey paid nursing home consisting of 135 units.

The Property is located up on a hill in the north-eastern area of Ehime Prefecture, in northern area of Niihama City. It is approximately 4,100m to JR Yosan Line "Niihama Station".

Key Statistics

Land Tenure Freehold
Land Area 4,197 sq m
Floor Area 7,382 sq m
Number of Units (Rooms) 135
Year of Completion 2012
Committed Occupancy 100%
Name of Lessee (s) K.K. Sawayaka Club
Appraised Value (as at 31 December 2023) ¥ 1,530 million (S$ 14.2 million)1
Location Map Click here to view location map


  1. 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.