Orchard Kaichi West

A 4-storey nursing home located next to Orchard Kaichi North in the residential area of Matsumoto, Nagano.

GROSS
FLOOR
AREA
1,561
sq metres

FY2023
RENTAL
INCOME(1)
S$0.3
million

APPRAISED VALUE(2)
S$4.3
million
JPY 471
million

PROPERTY TYPE NURSING HOME
Land Area 797 square metres
Purchase Price JPY405 million
Land Title Freehold
Maximum Rooms 29
Lease Term 30 + 5 years
Lease Expiry Date 24 April 2043
Tenants Orchard Care Co., Ltd.
Appointed Valuer CBRE KK
(1) Without FRS 116 Adjustment on rental straight-lining; Converted to SGD based on the average exchange rate of SGD 1 = JPY 102.04

(2) As at 31 December 2023; Converted to SGD based on the end of period exchange rate of SGD 1 = JPY 109