Overview of Chuugin Shirai Manshion (中銀白井マンシオン)
Chuugin Shirai Manshion (中銀白井マンシオン) is a 35-year-old condominium located at Shirai Shi Horigome 2 Choume 1-1 ~ 3 , 5 , 2 Choume 2 (白井市堀込2丁目1-1〜3、5、2丁目2), Chiba, Japan. Built in 1991, it comprises 405 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Fujita , Fujita Kougyou (フジタ、 フジタ工業).
Pricing & Floor Plans
Based on 140 past listings, prices have ranged from 450〜3,500万円 (approx. $30,000–$233,333 USD at ¥150/$).
Unit sizes range from 65.1–190.1 sqm (701–2046 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1SLDK (1-bedroom w/ living-dining-kitchen + service room), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 5SLDK (5-bedroom w/ living-dining-kitchen + service room), 1LDK (1-bedroom w/ living-dining-kitchen), 4LLDDKK (4LLDDKK).
Estimated price per sqm: ¥19.1万/sqm (approx. $1,271/sqm or $118/sqft).
Location & Neighborhood
The property is located at Shirai Shi Horigome 2 Choume 1-1 ~ 3 , 5 , 2 Choume 2 (白井市堀込2丁目1-1〜3、5、2丁目2), Chiba, Japan. It is a 4-minute walk to the nearest station. This is considered excellent station access in Japan, where most daily errands are done on foot or by train.
Investment Perspective
Building depreciation: In Japan, buildings depreciate significantly over time. Wood-frame houses depreciate to near-zero value at around 22 years, while RC structures depreciate more slowly but still lose value. At 35 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 405 units, this is a relatively large condominium. Larger buildings typically benefit from lower per-unit maintenance and repair reserve costs.
Key cultural note: Unlike the US where properties typically appreciate over time, Japanese buildings depreciate while the underlying land tends to hold or gain value. This means buyers should evaluate the land-to-building value ratio carefully.
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