Bon Sejour Shin-
Yamashita
Bon Sejour Ibaraki
Palmary Inn Akashi
Land Tenure
Freehold
Leasehold of 50 years from
1 May 2007
Freehold
Land Area (sq m)
1,653
3,051
5,891
Floor Area (sq m)
3,273
3,651
6,562
Number of Units (Rooms)
74
94
96
Number of Storeys
5
4
6
Year of Completion
2006
2008
1987; Conversion works
were completed in 2003
Name of Lessee (s)
Benesse Style Care Co., Ltd
[1]
Benesse Style Care Co., Ltd
[1]
Asset Co., Ltd
Committed Occupancy
100%
100%
100%
Gross Revenue (2014)
¥96,101,415
¥99,629,726
¥113,400,000
Purchase Price
[2]
¥1,440 million
(S$18.97 million)
¥1,177 million
(S$15.51 million)
¥1,498 million
(S$20.19 million)
Year of Purchase
2008
2008
2008
Appraised Value
[3]
(as at 31 December 2014)
¥1,440 million
(S$15.9 million)
¥1,110 million
(S$12.3 million)
¥1,620 million
(S$17.9 million)
Name of Appraiser(s)
Colliers International
Colliers International
DTZ Japan
N U R S I N G H O M E S
[1]
On 1 April 2012, Benesse Style Care Co., Ltd merged as the surviving company with Bon Sejour Corporation
[2]
Based on the exchange rate at point of acquisition
[3]
At an exchange rate of S$1.00 : ¥90.58
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