Asset Portfolio

Property description

Silver Heights Hitsujigaoka (Ichibankan and Nibankan) is a paid nursing home facility consisting of 2 freehold buildings ranging from 5 to 6 storeys with a total of 123 rooms.

Well located in the residential area of Toyohira-ku within Sapporo City, 10 minute walk from the Fukuzumi Station on the Sapporo city subway Toho Line.

Key Statistics

Land Tenure Freehold
Land Area 5,694 sq m
Floor Area 9,013 sq m
Number of Nursing Home Units (Rooms) 123
Year of Completion 1987 to 1991
Committed Occupancy 100%
Name of Lessee (s) K.K. Silver Heights Sapporo
Appraised Value (as at 31 December 2021) ¥ 1,190 million (S$ 14.1 million)2
Location Map Click here to view location map


  1. Silver Heights Hitsujigaoka Ichibankan on 1987 and Nibankan on 1991
  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 84.17.