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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 2024)	¥ 965 million (S$8.3 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 Cushman & Wakefield K.K using the Direct Capitalisation and Discounted Cash Flow Methods. Based on an exchange rate of S$1.00 to JPY 115.6.