Siloam Hospitals Baubau & Lippo Plaza Baubau(1)
A linked 3-storey hospital and a single storey mall located in Bau Bau city, the capital city of Buton Island. Siloam Hospitals Buton is the newest and most advanced hospital facility on Buton Island while Lippo Plaza Buton is the only modern mall within Bau Bau city.
A newly-built 3-storey standalone hospital integrated with the only modern mall within Bau Bau city, the main city on Buton Island.
- Bau Bau is a port city situated between West and East of Indonesia, complete with transportation infrastructure such as seaports and airport for greater regional accessibility, and a well-established fishery industry.
- The hospital, which commenced operations in April 2016, has medical facilities including operating theatres, fast response ambulance services, delivery rooms, outpatient clinics, inpatient services, intensive care unit (ICU), Neonatal ICU, X-ray machine, 16-slice CT Scanner, haemodialysis, and ultrasonography amongst others.
- Various medical services offered include Neurology, General Surgery, Internal Medicine, Paediatrics, Obstetrics & Gynaecology, Radiology, ENT Specialities and Ophthalmology amongst others.
- The mall, which commenced operations in December 2015, is a single storey retail mall linked to the hospital that provides complementary amenities to patients and visitors of the hospital.
- Its major tenants include Matahari Department Store and Hypermart.
GROSS |
FY2023 |
APPRAISED VALUE(3) |
| PROPERTY TYPE | INTEGRATED HOSPITAL & MALL |
|---|---|
| Centre of Excellence | Emergency & Trauma |
| Land Area | 21,874 sq metres |
| Purchase Price | S$28.5 m |
| Land Title | BOT scheme with expiry on 15 June 2044 |
| Remaining Land Title Tenure(5) | 20.5 years |
| Maximum Beds | 140 |
| Operational Beds | 110 |
| Lease Term | 15 years with option to renew for 15 years |
| Lease Expiry Date | SHBB: 31 December 2035 LPB: 9 October 2032 |
| Tenants (SHBB) | PT Bina Bahtera Sejati(6), PT Lippo Karawaci Tbk |
| Tenants (LPB) | PT Andromeda Sakti(7) |
| Appointed Valuer | C&W |
(1) Formerly known as Siloam Hospitals Buton & Lippo Plaza Buton
(2) Without FRS 116 Adjustment on rental straight-lining; Converted to SGD based on the average exchange rate of SGD 1 = IDR 11,364
(3) As at 31 December 2023; Converted to SGD based on the end of period exchange rate of SGD 1 = IDR 11,628
(4) A variance of S$0.1 million between the aggregate appraised value for SHBB & LPB compared to the respective appraised values for SHBB & LPB is due to rounding.
(5) As at 31 December 2023
(6) A subsidiary of PT Siloam International Hospitals Tbk
(7) A subsidiary of PT Lippo Karawaci Tbk
(2) Without FRS 116 Adjustment on rental straight-lining; Converted to SGD based on the average exchange rate of SGD 1 = IDR 11,364
(3) As at 31 December 2023; Converted to SGD based on the end of period exchange rate of SGD 1 = IDR 11,628
(4) A variance of S$0.1 million between the aggregate appraised value for SHBB & LPB compared to the respective appraised values for SHBB & LPB is due to rounding.
(5) As at 31 December 2023
(6) A subsidiary of PT Siloam International Hospitals Tbk
(7) A subsidiary of PT Lippo Karawaci Tbk
