Overview of Furesutosuteeji Shikatsu (フレストステージ師勝)
Furesutosuteeji Shikatsu (フレストステージ師勝) is a 23-year-old condominium located at Kitanagoya Shi Kuji No 84 (北名古屋市久地野84), Aichi, Japan. Built in 2003, it comprises 22 units in a Reinforced Concrete (RC) structure. It was constructed by Tsuchiya Kumi (土屋組).
Pricing & Floor Plans
Based on 6 past listings, prices have ranged from 2,080〜3,480万円 (approx. $138,667–$232,000 USD at ¥150/$).
Unit sizes range from 102.8–102.8 sqm (1107–1107 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥35.6万/sqm (approx. $2,377/sqm or $221/sqft).
Location & Neighborhood
The property is located at Kitanagoya Shi Kuji No 84 (北名古屋市久地野84), Aichi, Japan. It is a 19-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 23 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
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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