Overview of Nyuuraifu Kiyama Niban Kan (ニューライフ基山二番館)
Nyuuraifu Kiyama Niban Kan (ニューライフ基山二番館) is a 34-year-old condominium located at Miyaki Gun Kiyama Machi Ogura 208-1 (三養基郡基山町小倉208-1), Saga, Japan. Built in 1992, it comprises 54 units in a Reinforced Concrete (RC) structure. It was constructed by Tada Kensetsu (多田建設).
Pricing & Floor Plans
Based on 17 past listings, prices have ranged from 480〜1,290万円 (approx. $32,000–$86,000 USD at ¥150/$).
Unit sizes range from 60.0–72.6 sqm (646–781 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 3DK (3-bedroom w/ dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Location & Neighborhood
The property is located at Miyaki Gun Kiyama Machi Ogura 208-1 (三養基郡基山町小倉208-1), Saga, Japan. It is a 7-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 34 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 54 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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