Overview of Sentoraruhaitsu Ashikaga (セントラルハイツ足利)
Sentoraruhaitsu Ashikaga (セントラルハイツ足利) is a 40-year-old condominium located at Ashikaga Shi Isechou 1 Choume 5-1 (足利市伊勢町1丁目5-1), Tochigi, Japan. Built in 1986, it comprises 99 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Ishibashi Kensetsu Kougyou (石橋建設工業).
Pricing & Floor Plans
Based on 42 past listings, prices have ranged from 340〜1,080万円 (approx. $22,667–$72,000 USD at ¥150/$).
Unit sizes range from 46.4–115.3 sqm (499–1241 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1SLDK (1-bedroom w/ living-dining-kitchen + service room), 1LDK (1-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 2DK (2-bedroom w/ dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥9.2万/sqm (approx. $616/sqm or $57/sqft).
Location & Neighborhood
The property is located at Ashikaga Shi Isechou 1 Choume 5-1 (足利市伊勢町1丁目5-1), Tochigi, Japan. It is a 3-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 40 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 99 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.