Overview of Rozaaru Ichihara (ロザール市原)
Rozaaru Ichihara (ロザール市原) is a 37-year-old condominium located at Ichiharashi Goi Chuuou Nishi 3 Choume 10-4 (市原市五井中央西3丁目10-4), Chiba, Japan. Built in 1989, it comprises 26 units in a Reinforced Concrete (RC) structure. It was constructed by Tada Kensetsu (多田建設).
Pricing & Floor Plans
Based on 43 past listings, prices have ranged from 250〜890万円 (approx. $16,667–$59,333 USD at ¥150/$).
Unit sizes range from 18.2–69.7 sqm (196–750 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1K (1-bedroom w/ kitchen), 1SK (1-bedroom w/ kitchen + service room), 1R (Studio), 1DK (1-bedroom w/ dining-kitchen).
Estimated price per sqm: ¥16.5万/sqm (approx. $1,101/sqm or $102/sqft).
Location & Neighborhood
The property is located at Ichiharashi Goi Chuuou Nishi 3 Choume 10-4 (市原市五井中央西3丁目10-4), Chiba, 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 37 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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