Overview of Asahi Puraza Maruyama Kouen (朝日プラザ円山公園)
Asahi Puraza Maruyama Kouen (朝日プラザ円山公園) is a 41-year-old condominium located at Sapporoshi Chuuouku Oodoori Nishi 24 Choume 1-22 (札幌市中央区大通西24丁目1-22), Hokkaido, Japan. Built in 1985, it comprises 71 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Maeda Kensetsu Kougyou , Suzu Ken Kensetsu (前田建設工業、 鈴建建設).
Pricing & Floor Plans
Based on 59 past listings, prices have ranged from 550〜3,399万円 (approx. $36,667–$226,600 USD at ¥150/$).
Unit sizes range from 24.3–77.5 sqm (262–834 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 1LDK (1-bedroom w/ living-dining-kitchen), 1R (Studio), 3LDK (3-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥35.6万/sqm (approx. $2,377/sqm or $221/sqft).
Location & Neighborhood
The property is located at Sapporoshi Chuuouku Oodoori Nishi 24 Choume 1-22 (札幌市中央区大通西24丁目1-22), Hokkaido, Japan. It is a 2-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 41 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 71 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.
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