Overview of Jieishitei Saijou (ジェイシティ西条)
Jieishitei Saijou (ジェイシティ西条) is a 24-year-old condominium located at Higashi Hiroshima Shi Saijou Machi Jike 6427-1 (東広島市西条町寺家6427-1), Hiroshima, Japan. Built in 2002, it comprises 108 units in a Reinforced Concrete (RC) structure. It was constructed by Toua Kensetsu Kougyou (東亜建設工業).
Pricing & Floor Plans
Based on 36 past listings, prices have ranged from 1,180〜2,780万円 (approx. $78,667–$185,333 USD at ¥150/$).
Unit sizes range from 63.1–71.6 sqm (679–771 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1SLDK (1-bedroom w/ living-dining-kitchen + service room), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 2SLK (2SLK), 3LDK (3-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥36.6万/sqm (approx. $2,437/sqm or $226/sqft).
Location & Neighborhood
The property is located at Higashi Hiroshima Shi Saijou Machi Jike 6427-1 (東広島市西条町寺家6427-1), Hiroshima, Japan. It is a 16-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 24 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 108 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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