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
FLOOR
AREA
3,387
sq metres

FY2024
RENTAL
INCOME(1)
S$0.5
million

APPRAISED VALUE(2)
S$10.2
million
JPY 1,160
million

PROPERTY TYPE NURSING HOME
Land Area 2,803 square metres
Purchase Price JPY 1,130 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 C&W KK
(1) Converted to SGD based on the average exchange rate of SGD 1 = JPY 112

(2) As at 31 December 2024; Converted to SGD based on the end of period exchange rate of SGD 1 = JPY 114