Overview of Shitei Fujimi No (シティふじみ野)
Shitei Fujimi No (シティふじみ野) is a 30-year-old condominium located at Fujimi Noichi Ooi 2 Choume 2-15 (ふじみ野市大井2丁目2-15), Saitama, Japan. Built in 1996, it comprises 39 units in a Reinforced Concrete (RC) structure. It was constructed by Hase Kou Kooporeeshon (長谷工コーポレーション).
Pricing & Floor Plans
Based on 37 past listings, prices have ranged from 1,480〜3,980万円 (approx. $98,667–$265,333 USD at ¥150/$).
Unit sizes range from 64.8–81.6 sqm (698–878 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3SLDK (3-bedroom w/ living-dining-kitchen + service room), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥45.3万/sqm (approx. $3,020/sqm or $281/sqft).
Location & Neighborhood
The property is located at Fujimi Noichi Ooi 2 Choume 2-15 (ふじみ野市大井2丁目2-15), Saitama, Japan. It is a 13-minute walk to the nearest station. In Japan, station proximity significantly affects property values and daily convenience.
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 30 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
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.