Overview of Makomanai Minamimachi Shiteihausu (真駒内南町シティハウス)
Makomanai Minamimachi Shiteihausu (真駒内南町シティハウス) is a 30-year-old condominium located at Sapporoshi Minamiku Makomanai Minamimachi 4 Choume 2-2 (札幌市南区真駒内南町4丁目2-2), Hokkaido, Japan. Built in 1996, it comprises 46 units in a Reinforced Concrete (RC) structure. It was constructed by Goyoukensetsu (五洋建設).
Pricing & Floor Plans
Based on 20 past listings, prices have ranged from 1,280〜2,480万円 (approx. $85,333–$165,333 USD at ¥150/$).
Unit sizes range from 78.6–105.2 sqm (846–1132 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: ¥31.7万/sqm (approx. $2,116/sqm or $197/sqft).
Location & Neighborhood
The property is located at Sapporoshi Minamiku Makomanai Minamimachi 4 Choume 2-2 (札幌市南区真駒内南町4丁目2-2), Hokkaido, Japan. It is a 17-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 30 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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