Overview of Shiteihausu Ouji Ekimae (シティハウス王寺駅前)
Shiteihausu Ouji Ekimae (シティハウス王寺駅前) is a 17-year-old condominium located at Kitakatsuragi Gun'ou Teramachi Ouji 2 Choume 6049 (北葛城郡王寺町王寺2丁目6049), Nara, Japan. Built in 2009, it comprises 65 units in a Reinforced Concrete (RC) structure. It was constructed by Nishimatsu Kensetsu (西松建設).
Pricing & Floor Plans
Based on 22 past listings, prices have ranged from 2,380〜4,980万円 (approx. $158,667–$332,000 USD at ¥150/$).
Unit sizes range from 72.7–89.7 sqm (783–966 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 3SLDK (3-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥55.6万/sqm (approx. $3,705/sqm or $344/sqft).
Location & Neighborhood
The property is located at Kitakatsuragi Gun'ou Teramachi Ouji 2 Choume 6049 (北葛城郡王寺町王寺2丁目6049), Nara, 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
Scale advantage: With 65 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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