Asset Portfolio



Property description

Will-Mark Kashiihama is a freehold 11-storey nursing home consisting of 159 units.

Strategically located in the residential neighbourhood of Fukuoka City, Fukuoka prefecture. The Property is accessible from Chihaya station.

Key Statistics

Land Tenure Freehold
Land Area 7,298.41 sq m
Floor Area 14,168.56 sq m
Number of Nursing Home Units (Rooms) 159
Year of Completion 2005
Committed Occupancy 84%
Name of Lessee (s) Fukuoka Jisho Senior Life Co., Ltd.
Appraised Value (as at 31 May 2021) ¥ 3,170 million (S$ 38.2 million)2
Location Map Click here to view location map

Note:

  1. The property was valued by Enrix Co Ltd using the Direct Income, Cost and Discounted Cash Flow methods. Based on an exchange rate of S$1.00 to JPY 82.92.