Siloam Hospitals Lippo Cikarang

A 6-storey hospital with a basement and covered roof space. It possesses a reputation for international standards of medical care comprising a broad range of general and specialist services and is well respected for its Paediatric Neonatal Intensive Care Unit.

Reputed for international standards of medical care comprising a broad range of general and specialist services

  • A 6-storey hospital well situated to serve the growing residential and industrial areas of East Jakarta.
  • Offers a broad range of quality general and specialist services, including A&E services, ambulance services with medical evacuation facilities, as well as inpatient and outpatient facilities.
  • Features an ESWL unit to treat kidney stones, well respected for its Paediatric Neonatal Intensive Care Unit to treat premature and sick babies, and equipped for minimally-invasive Laparoscopic Digestive Surgery.
  • Following the completion of an AEI done at the Tenant's expense in 3Q2017, the gross floor area of the hospital has increased from 11,125 sqm to 13,256 sqm.

GROSS
FLOOR
AREA
13,256
sq metres

FY2023
RENTAL
INCOME(1)
S$4.9
million

APPRAISED VALUE(2)
S$53.1
million

PROPERTY TYPE HOSPITAL
Area of Specialty Emergency & Trauma, Internal Medicine, Urology
Land Area 9,900 square metres
Purchase Price S$35.0 million
Land Title HGB
Maximum Beds 164
Operational Beds 103
Lease Term 15 years with option to renew for 15 years
Lease Expiry Date 30 December 2025
Tenants PT East Jakarta Medika(3)
Appointed Valuer Knight Frank
(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) A subsidiary of PT Siloam International Hospitals Tbk