Overview of Ssk Guriinpaaku Oyama (SSKグリーンパーク小山)
Ssk Guriinpaaku Oyama (SSKグリーンパーク小山) is a 35-year-old condominium located at Oyamashi Eki Higashidoori Ri 1 Choume 22-11 (小山市駅東通り1丁目22-11), Tochigi, Japan. Built in 1991, it comprises 88 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Okamoto Koumuten (岡本工務店).
Pricing & Floor Plans
Based on 42 past listings, prices have ranged from 490〜1,190万円 (approx. $32,667–$79,333 USD at ¥150/$).
Unit sizes range from 32.4–53.1 sqm (349–572 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3DK (3-bedroom w/ dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 2DK (2-bedroom w/ dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥16.6万/sqm (approx. $1,106/sqm or $103/sqft).
Location & Neighborhood
The property is located at Oyamashi Eki Higashidoori Ri 1 Choume 22-11 (小山市駅東通り1丁目22-11), Tochigi, 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
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 88 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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