Hikari Heights Varus Kotoni
A 14-storey nursing home located in a residential area near Sapporo city centre and a short walk walk from Kotoni Station on the JR Hakodate line.
GROSS |
FY2023 |
APPRAISED VALUE(2) |
| PROPERTY TYPE | NURSING HOME |
|---|---|
| Land Area | 11,033 square metres |
| Purchase Price | JPY6,209 million |
| Land Title | Freehold |
| Maximum Rooms | 281 |
| Lease Term | 30 + 5 years |
| Lease Expiry Date | 24 April 2043 |
| Tenants | Hikari Heights Varus Co., Ltd. |
| Appointed Valuer | C&W KK |
(1) Without FRS 116 Adjustment on rental straight-lining; Converted to SGD based on the average exchange rate of SGD 1 = JPY 102.04
(2) As at 31 December 2023; Converted to SGD based on the end of period exchange rate of SGD 1 = JPY 109
(2) As at 31 December 2023; Converted to SGD based on the end of period exchange rate of SGD 1 = JPY 109
