Overview of Shiteihausu Kokuritsu (シティハウス国立)
Shiteihausu Kokuritsu (シティハウス国立) is a 43-year-old condominium located at Kunitachishi Higashi 1 Choume 14-1 (国立市東1丁目14-1), Tokyo, Japan. Built in 1983, it comprises 21 units in a Reinforced Concrete (RC) structure. It was constructed by Arai Kumi (新井組).
Pricing & Floor Plans
Based on 20 past listings, prices have ranged from 2,780〜4,980万円 (approx. $185,333–$332,000 USD at ¥150/$).
Unit sizes range from 62.7–83.8 sqm (675–902 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1LDK (1-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥58.3万/sqm (approx. $3,889/sqm or $361/sqft).
Location & Neighborhood
The property is located at Kunitachishi Higashi 1 Choume 14-1 (国立市東1丁目14-1), Tokyo, Japan. It is a 5-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 43 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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