Overview of Saishin Chuuou Uesuteeji 2 Ban Kan (西神中央ウェステージ２番館)
Saishin Chuuou Uesuteeji 2 Ban Kan (西神中央ウェステージ２番館) is a 37-year-old condominium located at Koubeshinishiku Kouji Dai 2 Choume 26-2 (神戸市西区糀台2丁目26-2), Hyogo, Japan. Built in 1989, it comprises 195 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Kashima Kensetsu (鹿島建設).
Pricing & Floor Plans
Based on 53 past listings, prices have ranged from 1,680〜3,280万円 (approx. $112,000–$218,667 USD at ¥150/$).
Unit sizes range from 72.0–91.1 sqm (775–981 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 3SLDK (3-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥30.2万/sqm (approx. $2,011/sqm or $187/sqft).
Location & Neighborhood
The property is located at Koubeshinishiku Kouji Dai 2 Choume 26-2 (神戸市西区糀台2丁目26-2), Hyogo, Japan. It is a 4-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.
Scale advantage: With 195 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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