Asset Portfolio

Property Details

HIBISU Shirokita Koendori is a freehold, 4-storey nursing home, consisting of 52 units.

It is strategically located in the residential neighbourhood of Osaka City, Osaka Prefecture. The Property is accessible from Johoku Koendori Station and approximately 15 minute drive from Shin-Osaka Station.

Key Statistics

Land Tenure Freehold
Land Area 722.81 sq m
Floor Area 1,446.94 sq m
Number of Nursing Home Units (Rooms) 52
Year of Completion 2022
Committed Occupancy 100%
Name of Lessee (s) K.K. BISCUSS
Appraised Value (as at 31 December 2023) ¥954 million (S$8.9 million)1
Location Map Click here to view location map


  1. The Property was valued by Enrix Co Ltd using Discounted Cash Flow Method (based on Income Approach Value) and Cost Approach Value as reference. Based on an exchange rate of S$1.00 to ¥107.5.