Overview of Kuriinpia Yonago Kamomachi (クリーンピア米子加茂町)
Kuriinpia Yonago Kamomachi (クリーンピア米子加茂町) is a 31-year-old condominium located at Yonago Shi Kamomachi 1 Choume 16 (米子市加茂町1丁目16), Tottori, Japan. Built in 1995, it comprises 101 units in a Reinforced Concrete (RC) structure.
Pricing & Floor Plans
Based on 45 past listings, prices have ranged from 670〜1,750万円 (approx. $44,667–$116,667 USD at ¥150/$).
Unit sizes range from 58.6–74.0 sqm (631–797 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1LDK (1-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥19.2万/sqm (approx. $1,281/sqm or $119/sqft).
Location & Neighborhood
The property is located at Yonago Shi Kamomachi 1 Choume 16 (米子市加茂町1丁目16), Tottori, Japan. It is a 14-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 31 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 101 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.
Analyze this property's fair price and negotiation room for free at RE:public.