Overview of Ekuserushiooru Fussa (エクセルシオール福生)
Ekuserushiooru Fussa (エクセルシオール福生) is a 28-year-old condominium located at Fussashi Fussa 1015 (福生市福生1015), Tokyo, Japan. Built in 1998, it comprises 15 units in a Reinforced Concrete (RC) structure. It was constructed by Go Hikari Kensetsu (五光建設).
Pricing & Floor Plans
Based on 18 past listings, prices have ranged from 1,490〜4,000万円 (approx. $99,333–$266,667 USD at ¥150/$).
Unit sizes range from 67.9–79.2 sqm (731–853 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2LDK (2-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥38.4万/sqm (approx. $2,559/sqm or $238/sqft).
Location & Neighborhood
The property is located at Fussashi Fussa 1015 (福生市福生1015), Tokyo, Japan. It is a 2-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 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.
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