Overview of Purinsuhaitsu Hiraoka (プリンスハイツ平岡)
Purinsuhaitsu Hiraoka (プリンスハイツ平岡) is a 36-year-old condominium located at Sapporoshi Kiyoda Ku Hiraoka Nijou 1 Choume 49-9 (札幌市清田区平岡二条1丁目49-9), Hokkaido, Japan. Built in 1990, it comprises 54 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Mitsuikensetsu (三井建設).
Pricing & Floor Plans
Based on 23 past listings, prices have ranged from 750〜1,730万円 (approx. $50,000–$115,333 USD at ¥150/$).
Unit sizes range from 71.7–90.2 sqm (772–971 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: ¥18.2万/sqm (approx. $1,211/sqm or $113/sqft).
Location & Neighborhood
The property is located at Sapporoshi Kiyoda Ku Hiraoka Nijou 1 Choume 49-9 (札幌市清田区平岡二条1丁目49-9), Hokkaido, Japan. It is a 41-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 36 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 54 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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