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Home > Asset Portfolio > Nursing Home > Hapine Fukuoka Nake

Property description

Hapine Fukuoka Noke is a freehold 5-storey paid nursing home with care service consisting of 64 units.

Well nestled in a conducive residential area, the Property is approximately 0.9km from Subway Nanakuma Line "Noke" Station.

Key Statistics

Land Tenure	Freehold
Land Area	1,396 sq m
Floor Area	2,912 sq m
Number of Units (Rooms)	64
Year of Completion	2006
Committed Occupancy	100%
Name of Lessee (s)	Green Life Co., Ltd 1
Appraised Value (as at 31 December 2023)	¥ 972 million (S$9.0 million)2
Location Map	Click here to view location map

Note:

1. Change of name with effect from 1 May 2013 due to organisational restructuring by Green Life Co., Ltd, parent company of Care Link Co., Ltd.
2. The property was valued by Enrix Co Ltd using the Direct Capitalisation and Discounted Cash Flow Methods. Based on an exchange rate of S$1.00 to JPY 107.5.