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
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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.