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 2023) ¥ 1,330 million (S$ 12.4 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 Cushman & Wakefield K.K using the Direct Capitalisation and Discounted Cash Flow Methods. Based on an exchange rate of S$1.00 to JPY 107.5.