Overview of Gureisu Kumamoto Ichiban Kan (グレイス熊本壱番館)
Gureisu Kumamoto Ichiban Kan (グレイス熊本壱番館) is a 35-year-old condominium located at Kumamotoshi Chuuouku Kurokami 6 Choume 14-17 (熊本市中央区黒髪6丁目14-17), Kumamoto, Japan. Built in 1991, it comprises 57 units in a Reinforced Concrete (RC) structure. It was constructed by Dainichi Sei Kensetsu , Nakao Koumuten (大日成建設、 中尾工務店).
Pricing & Floor Plans
Based on 54 past listings, prices have ranged from 100〜250万円 (approx. $6,667–$16,667 USD at ¥150/$).
Unit sizes range from 19.1–23.1 sqm (206–249 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: STUDIO (STUDIO), 1K (1-bedroom w/ kitchen), 1R (Studio).
Estimated price per sqm: ¥9.3万/sqm (approx. $623/sqm or $58/sqft).
Location & Neighborhood
The property is located at Kumamotoshi Chuuouku Kurokami 6 Choume 14-17 (熊本市中央区黒髪6丁目14-17), Kumamoto, Japan. It is a 14-minute walk to the nearest station. In Japan, station proximity significantly affects property values and daily convenience.
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 35 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 57 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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