Siloam Hospitals Manado & Hotel Aryaduta Manado

An 11-storey including a basement level mixed-use development comprising Siloam Hospitals Manado with a Centre of Excellence in Emergency & Trauma and state-of-the-art equipment, and a 5-star 199-room Hotel Aryaduta Manado.

An integrated hospital and hotel in Manado, North Sulawesi

  • Located on the primary roads in Manado City, and surrounded by notable developments: IT Centre, Mega Mall Manado.
  • Integrated Hospital and 5-star hotel with broad range of quality general and specialist services, including therapeutic services and an extensive range of diagnostic and preventive healthcare services.
  • Fully-equipped with the latest medical equipment and facilities: CT Scan, MRI, ultrasound, cardiac catherterisation lab, 50 specialist clinic suites and three operating theatres.

GROSS
FLOOR
AREA
36,051
sq metres

FY2024
RENTAL
INCOME(1)
S$6.8
million

APPRAISED VALUE(2)
SHMD
S$40.2 million
IDR 478.2 billion

HAMD
S$39.2 million

APPRAISED VALUE(2)
S$79.4
million

PROPERTY TYPE INTEGRATED HOSPITAL & HOTEL
Area of Specialty Emergency & Trauma
Land Area 5,518 square metres
Purchase Price S$83.6 million
Land Title HGB
Maximum Beds 238
Operational Beds 150
Maximum Rooms 199
Lease Term 15 years with option to renew for 15 years
Lease Expiry Date SHMD: 31 December 2035
HAMD: 29 November 2027
Tenants (SHMD) PT Siloam International Hospitals Tbk, PT Lippo Karawaci Tbk
Tenant (HAMD) PT Lippo Karawaci Tbk
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 11,765

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