Pacific Healthcare Nursing Home @ 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
FLOOR
AREA
3,593
sq metres

FY2023
RENTAL
INCOME(1)
S$1.3
million

APPRAISED
VALUE(2)
S$8.1
million

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) 8.3 years
Maximum Beds 259
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 2023

(2) As at 31 December 2023