Overview of Paakuhaitsu Fujimi No (パークハイツふじみ野)
Paakuhaitsu Fujimi No (パークハイツふじみ野) is a 28-year-old condominium located at Fujimi Noichi Ureshi No 2 Choume 5-24 (ふじみ野市うれし野2丁目5-24), Saitama, Japan. Built in 1998, it comprises 47 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Hase Kou Kooporeeshon (長谷工コーポレーション).
Pricing & Floor Plans
Price range: 情報なし.
Estimated price per sqm: ¥45.0万/sqm (approx. $3,001/sqm or $279/sqft).
Location & Neighborhood
The property is located at Fujimi Noichi Ureshi No 2 Choume 5-24 (ふじみ野市うれし野2丁目5-24), Saitama, Japan. It is a 6-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 28 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.