Overview of Karumu Saga (カルム佐賀)
Karumu Saga (カルム佐賀) is a 36-year-old condominium located at Sagashi Tashiro 1 Choume 1-5 (佐賀市田代1丁目1-5), Saga, Japan. Built in 1990, it comprises 96 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Matsuo Kensetsu (松尾建設).
Pricing & Floor Plans
Based on 76 past listings, prices have ranged from 650〜1,650万円 (approx. $43,333–$110,000 USD at ¥150/$).
Unit sizes range from 57.7–156.5 sqm (621–1685 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1R (Studio), 3LDK (3-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 5LDK (5-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥10.2万/sqm (approx. $677/sqm or $63/sqft).
Location & Neighborhood
The property is located at Sagashi Tashiro 1 Choume 1-5 (佐賀市田代1丁目1-5), Saga, Japan. It is a 8-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 36 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 96 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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