Overview of Kisarazu Beibyuu (木更津ベイビュー)
Kisarazu Beibyuu (木更津ベイビュー) is a 37-year-old condominium located at Kisarazu Shichuu Ou 3 Choume 11-9 (木更津市中央3丁目11-9), Chiba, Japan. Built in 1989, it comprises 39 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Hazamagumi (間組).
Pricing & Floor Plans
Based on 14 past listings, prices have ranged from 800〜1,350万円 (approx. $53,333–$90,000 USD at ¥150/$).
Unit sizes range from 52.2–68.8 sqm (562–741 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3LDK (3-bedroom w/ living-dining-kitchen), 4DK (4-bedroom w/ dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen), 2SDK (2-bedroom w/ dining-kitchen + service room), 2LDK (2-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥19.4万/sqm (approx. $1,297/sqm or $120/sqft).
Location & Neighborhood
The property is located at Kisarazu Shichuu Ou 3 Choume 11-9 (木更津市中央3丁目11-9), Chiba, Japan. It is a 12-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 37 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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