Asset Portfolio

• Portfolio Overview
• Hospitals & Medical
  Centres
• Mount Elizabeth
• Gleneagles
• Parkway East
• Nursing Homes
• Bon Sejour
  Shin-Yamashita
• Bon Sejour Ibaraki
• Palmary Inn Akashi
• Palmary Inn Suma
• Senior Chonaikai Makuhari Kan
• Himawari Home Kamakura
• Smiling Home Medis Musashi Urawa
• Fureai no sono Nerima Takanodai
• Smiling Home Medis Koshigaya Gamo
• Amille Nakasyo
• Hapine Fukuoka Noke
• Fiore Senior Residence Hirakata
• Supercourt Kadoma
• Supercourt Takaishi-Hagoromo
• Maison des Centenaire Ishizugawa
• Maison des Centenaire Haruki
• Iyashi no Takatsuki Kan
• Other Healthcare-Related Assets
• P-Life Matsudo

Home > Investment Portfolio > Nursing Home > Smiling Home Medis Musashi Urawa

Property description

Smiling Home Medis Musashi Urawa is a freehold 3-storey paid nursing home with care service consisting of 44 units.

Located along the JR Saikyo Line, Smiling Home Medis Musashi Urawa is within a short walk from Musashi Urawa station and is near Akiba Hospital.

Key Statistics

Land Tenure	Freehold
Land Area	802 sq m
Net Lettable Area	1,603 sq m
Number of Units (Rooms)	44
Year of Completion	1991 Conversion works were completed in 2004
Committed Occupancy	100.0%
Name of Lessee (s)	Medis Corporation
Appraised Value (as at 31 December 2009)	¥617 million (S$9.5 million)1
Location Map	Click here to view location map

Note:

1. The property was valued by Colliers Halifax using the Direct Income, Cost and Discounted Cash Flow Approaches. Based on an exchange rate of S$1.00 to 65.32 units JPY.