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Property description
Palmary Inn Suma is a freehold 5/6 storey paid nursing home with care service consisting of 59 units.
Located in the coastal district in the south of Suma-ku, Palmary Inn 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 2020) | ¥1,090 million (S$14.0 million)1 |
| Location Map | Click here to view location map |
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Note:
- 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 78.06.
