Siloam Sriwijaya
A state-of-the-art, high-quality 7-storey hospital located in Palembang, the capital city of South Sumatra, and part of an integrated development comprising a hospital and shopping mall.
A state-of-the-art, high-quality 7-storey hospital located in Palembang, the capital city of South Sumatra, Indonesia.
- Well-positioned to serve the middle to upper middle-income segment of the healthcare market.
- A Centre of Excellence for emergency and trauma, and is equipped with state-of-the-art medical equipment.
- Part of an integrated development comprising a hospital, shopping mall and 800 parking lots.
- Strategically located in Palembang, the second largest city of Sumatra, and also the seventh largest city in Indonesia
GROSS |
FY2023 |
APPRAISED VALUE(2) |
| PROPERTY TYPE | HOSPITAL |
|---|---|
| Centre of Excellence | Emergency & Trauma, Gastroenterology |
| Purchase Price | S$39.2 million |
| Land Title | Strata Title on BOT scheme with expiry on 24 Jan 2041 |
| Remaining Land Title Tenure(3) | 17.1 years |
| Maximum Beds | 357 |
| Operational Beds | 165 |
| Lease Term | 15 years with option to renew for 15 years |
| Lease Expiry Date | 31 December 2035 |
| Tenants | PT Rumah Sakit Siloam Hospitals Sumsel(4), PT Metropolis Propertindo Utama |
| Appointed Valuer | CBRE |
(1) Without FRS 116 Adjustment on rental straight-lining; Converted to SGD based on the average exchange rate of SGD 1 = IDR 11,364
(2) As at 31 December 2023; Converted to SGD based on the end of period exchange rate of SGD 1 = IDR 11,628
(3) As at 31 December 2023
(4) A subsidiary of PT Siloam International Hospitals Tbk
(2) As at 31 December 2023; Converted to SGD based on the end of period exchange rate of SGD 1 = IDR 11,628
(3) As at 31 December 2023
(4) A subsidiary of PT Siloam International Hospitals Tbk
