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

FY2023
RENTAL
INCOME(1)
S$6.8
million

APPRAISED VALUE(2)
S$78.2
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 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