Overview of Kyapitaruhaitsu Kiryuu (キャピタルハイツ桐生)
Kyapitaruhaitsu Kiryuu (キャピタルハイツ桐生) is a 41-year-old condominium located at Kiryuu Shi Nakachou 1 Choume 12-10 (桐生市仲町1丁目12-10), Gunma, Japan. Built in 1985, it comprises 46 units in a Reinforced Concrete (RC) structure.
Pricing & Floor Plans
Based on 32 past listings, prices have ranged from 110〜880万円 (approx. $7,333–$58,667 USD at ¥150/$).
Unit sizes range from 21.4–74.5 sqm (230–802 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1LDK (1-bedroom w/ living-dining-kitchen), 1K (1-bedroom w/ kitchen), 2DK (2-bedroom w/ dining-kitchen), 1DK (1-bedroom w/ dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥6.8万/sqm (approx. $457/sqm or $42/sqft).
Location & Neighborhood
The property is located at Kiryuu Shi Nakachou 1 Choume 12-10 (桐生市仲町1丁目12-10), Gunma, Japan. It is a 7-minute walk to the nearest station. This is considered good station access by Japanese standards.
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 41 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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