Asset Portfolio

Property description

More Habitation Suma is a freehold 5/6 +1(basement)-storey paid nursing home with care service consisting of 59 units.

Located in the coastal district in the south of Suma-ku, More Habitation Suma is easy accessible by Sanyo Dentetsu line and within a short walk from Sumadera station.

Key Statistics

Land Tenure Freehold
Land Area 2,676 sq m
Floor Area 4,539 sq m
Number of Units (Rooms) 59
Year of Completion 1989
Committed Occupancy 100%
Name of Lessee (s) Asset Co., Ltd
Appraised Value (as at 31 December 2021) ¥1,010 million (S$12.0 million)1
Location Map Click here to view location map


  1. The property was valued by Cushman & Wakefield using the Direct Capitalisation and Discounted Cash Flow Methods. Based on an exchange rate of S$1.00 to JPY 84.17.