Precious Homes @ Bukit Merah
A 4-storey custom-built nursing home with 259 beds, a basement carpark and a roof terrace, located close to the Redhill MRT Station, as well as the city centre.
4-storey custom-built nursing home with basement carpark and a roof terrace
- Conveniently located near Bukit Merah Town Centre, Redhill MRT Station and city centre.
- Also in close proximity to the restructured hospitals: Singapore General Hospital, National University Hospital and Alexandra Hospital.
- Staffed with a team of dedicated, experienced and friendly healthcare professionals to care for the needs of residents round the clock.
GROSS |
FY2024 |
APPRAISED |
| PROPERTY TYPE | NURSING HOME |
|---|---|
| Land Area | 1,984 square metres |
| Purchase Price | S$11.8 million |
| Land Title | 30 years leasehold from 22 Apr 2002 |
| Remaining Land Title Tenure(2) | 7.3 years |
| Maximum Beds | 248 |
| Lease Term | 10 years |
| Lease Expiry Date | 10 April 2027 |
| Tenants | Precious Homes Pte. Ltd. (previously known as Pacific Healthcare Nursing Home Pte. Ltd.) |
| Appointed Valuer | JLL |
(1) Without FRS 116 Adjustment on rental straight-lining; As at 31 December 2024
(2) As at 31 December 2024
(2) As at 31 December 2024
