Siloam Hospitals Baubau & Lippo Plaza Baubau(1)

A linked 3-storey hospital and a single storey mall located in Bau Bau city, the capital city of Buton Island. Siloam Hospitals Buton is the newest and most advanced hospital facility on Buton Island while Lippo Plaza Buton is the only modern mall within Bau Bau city.

A newly-built 3-storey standalone hospital integrated with the only modern mall within Bau Bau city, the main city on Buton Island.

  • Bau Bau is a port city situated between West and East of Indonesia, complete with transportation infrastructure such as seaports and airport for greater regional accessibility, and a well-established fishery industry.
  • The hospital, which commenced operations in April 2016, has medical facilities including operating theatres, fast response ambulance services, delivery rooms, outpatient clinics, inpatient services, intensive care unit (ICU), Neonatal ICU, X-ray machine, 16-slice CT Scanner, haemodialysis, and ultrasonography amongst others.
  • Various medical services offered include Neurology, General Surgery, Internal Medicine, Paediatrics, Obstetrics & Gynaecology, Radiology, ENT Specialities and Ophthalmology amongst others.
  • The mall, which commenced operations in December 2015, is a single storey retail mall linked to the hospital that provides complementary amenities to patients and visitors of the hospital.
  • Its major tenants include Matahari Department Store and Hypermart.

GROSS
FLOOR
AREA
21,934
sq metres

FY2024
RENTAL
INCOME(2)
S$2.5
million

APPRAISED VALUE(3)
SHBB
S$11.2 million
IDR 132.8 billion

LPB
S$12.7 million

APPRAISED VALUE(3)
S$23.9
million
PROPERTY TYPE HOSPITAL & RETAIL MALL
Centre of Excellence Emergency & Trauma
Land Area 21,874 square metres
Purchase Price S$28.5 million
Land Title BOT scheme with expiry on 15 June 2044
Maximum Beds 140
Operational Beds 110
Lease Term 15 years with option to renew for 15 years
Lease Expiry Date SHBB: 31 December 2035
LPB: 9 October 2032
Tenants (SHBB) PT Bina Bahtera Sejati(4),
PT Lippo Karawaci Tbk
Tenants (LPB) PT Andromeda Sakti(5)
Appointed Valuer C&W
(1) Formerly known as Siloam Hospitals Buton & Lippo Plaza Buton

(2) Without FRS 116 Adjustment on rental straight-lining; Converted to SGD based on the average exchange rate of SGD 1 = IDR 11,765

(3) As at 31 December 2024; Converted to SGD based on the end of period exchange rate of SGD 1 = IDR 11,905

(4) A subsidiary of PT Siloam International Hospitals Tbk

(5) A subsidiary of PT Lippo Karawaci Tbk