Overview of Rooyarushitei Kuki (ローヤルシティ久喜)
Rooyarushitei Kuki (ローヤルシティ久喜) is a 32-year-old condominium located at Kuki Ichino Kuki 549-1 (久喜市野久喜549-1), Saitama, Japan. Built in 1994, it comprises 291 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Fujisawa Kensetsu (藤澤建設).
Pricing & Floor Plans
Based on 121 past listings, prices have ranged from 900〜2,599万円 (approx. $60,000–$173,267 USD at ¥150/$).
Unit sizes range from 61.5–98.5 sqm (662–1060 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥27.6万/sqm (approx. $1,841/sqm or $171/sqft).
Location & Neighborhood
The property is located at Kuki Ichino Kuki 549-1 (久喜市野久喜549-1), Saitama, Japan. It is a 7-minute walk to the nearest station. This is considered good station access by Japanese standards.
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 32 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 291 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.
Analyze this property's fair price and negotiation room for free at RE:public.