Overview of Jieishitei Kaya Sukairapyuta (ジェイシティ高陽スカイラピュタ)
Jieishitei Kaya Sukairapyuta (ジェイシティ高陽スカイラピュタ) is a 27-year-old condominium located at Hiroshima Shi Asakitaku Kuchita 1 Choume 3-11 (広島市安佐北区口田1丁目3-11), Hiroshima, Japan. Built in 1999, it comprises 60 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Masuoka Kumi (増岡組).
Pricing & Floor Plans
Price range: 情報なし.
Estimated price per sqm: ¥24.0万/sqm (approx. $1,598/sqm or $148/sqft).
Location & Neighborhood
The property is located at Hiroshima Shi Asakitaku Kuchita 1 Choume 3-11 (広島市安佐北区口田1丁目3-11), Hiroshima, 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 27 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 60 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.