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Home > Asset Portfolio > Nursing Homes > HIBISU Suita

Property Details

HIBISU Suita is a freehold, 5-storey nursing home, consisting of 56 units.

It is strategically located in the residential neighbourhood of Suita City, Osaka Prefecture. The Property is accessible from Kamishinjo Station and approximately 14 minute drive from Shin-Osaka Station.

Key Statistics

Land Tenure	Freehold
Land Area	637.23 sq m
Floor Area	1,533.56 sq m
Number of Nursing Home Units (Rooms)	56
Year of Completion	2023
Committed Occupancy	100%
Name of Lessee (s)	K.K. BISCUSS
Appraised Value (as at 31 August 2023)	¥1,050.0 million (S$9.7 million)1
Location Map	Click here to view location map

Note:

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 ¥107.76.