Overview of Peruru Toyonari (ペルル豊成)
Peruru Toyonari (ペルル豊成) is a 32-year-old condominium located at Okayamashi Minamiku Toyonari 1 Choume 16-32 (岡山市南区豊成1丁目16-32), Okayama, Japan. Built in 1994, it comprises 30 units in a Reinforced Concrete (RC) structure. It was constructed by Shigetou Kumi (重藤組).
Pricing & Floor Plans
Based on 27 past listings, prices have ranged from 830〜1,369万円 (approx. $55,333–$91,267 USD at ¥150/$).
Unit sizes range from 61.6–69.5 sqm (663–748 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2LDK (2-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥17.0万/sqm (approx. $1,134/sqm or $105/sqft).
Location & Neighborhood
The property is located at Okayamashi Minamiku Toyonari 1 Choume 16-32 (岡山市南区豊成1丁目16-32), Okayama, Japan. It is a 3-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 32 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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