Overview of Ekushii Sagaeki Mae Ni Ban Kan (エクシー佐賀駅前弐番館)
Ekushii Sagaeki Mae Ni Ban Kan (エクシー佐賀駅前弐番館) is a 35-year-old condominium located at Sagashi Tenjin 2 Choume 5-19 (佐賀市天神2丁目5-19), Saga, Japan. Built in 1991, it comprises 65 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Matsumura Kumi (松村組).
Pricing & Floor Plans
Based on 33 past listings, prices have ranged from 730〜2,200万円 (approx. $48,667–$146,667 USD at ¥150/$).
Unit sizes range from 60.1–102.7 sqm (647–1105 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3LDK (3-bedroom w/ living-dining-kitchen), 4DK (4-bedroom w/ dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥14.0万/sqm (approx. $934/sqm or $87/sqft).
Location & Neighborhood
The property is located at Sagashi Tenjin 2 Choume 5-19 (佐賀市天神2丁目5-19), Saga, Japan. It is a 8-minute walk to the nearest station. This is considered good station access by Japanese standards.
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 65 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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