Loyal Residence Ayase
Loyal Residence Ayase is a three-storey nursing home. It is geographically situated between Tokyo and Yokohama and is an hour’s drive away from Tokyo City Centre.
GROSS |
FY2023 |
APPRAISED VALUE(2) |
| PROPERTY TYPE | NURSING HOME |
|---|---|
| Land Area | 2,803 square metres |
| Purchase Price | JPY1,130 million |
| Land Title | Freehold |
| Maximum Rooms | 80 |
| Lease Term | 30 years |
| Lease Expiry Date | 30 September 2043 |
| Tenants | Social Welfare Research Institute Co., Ltd. |
| Appointed Valuer | CBRE 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
