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Property description

Royal Residence Gotenyama is a freehold 4+1(basement) storey paid nursing care home with care service consisting of 44 units.

Well nestled in a quiet residential area with retail stores and medical institutions in the surrounding vicinity, the Property is approximately 5 minutes walk from Keihan Electric Railway Main Line Gotenyama Station.

Key Statistics

Land Tenure Freehold
Land Area 793.84 sq m
Net Lettable Area 1,560.41 sq m
Number of Units (Rooms) 44
Year of Completion 2006
Committed Occupancy 100.0%
Name of Lessee (s) K.K. Shakai Fukuishi Sogo Kenkyujo
Appraised Value (as at 31 December 2011) ¥ 482 million (S$8.07 million)1
Location Map Click here to view location map

Note:

  1. The property was valued by DTZ using the Direct Income, Cost and Discounted Cash Flow Approaches. Based on an exchange rate of S$1.00 to 59.74 units JPY.