Overview of Daiaparesu Ichihara Hachiman Yado (ダイアパレス市原八幡宿)
Daiaparesu Ichihara Hachiman Yado (ダイアパレス市原八幡宿) is a 29-year-old condominium located at Ichiharashi Gosho 612-1 (市原市五所612-1), Chiba, Japan. Built in 1997, it comprises 43 units in a Reinforced Concrete (RC) structure. It was constructed by Yamato Kensetsu (大和建設).
Pricing & Floor Plans
Based on 28 past listings, prices have ranged from 850〜2,480万円 (approx. $56,667–$165,333 USD at ¥150/$).
Unit sizes range from 63.5–85.4 sqm (684–919 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 5LDK (5-bedroom w/ living-dining-kitchen), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥31.2万/sqm (approx. $2,083/sqm or $194/sqft).
Location & Neighborhood
The property is located at Ichiharashi Gosho 612-1 (市原市五所612-1), Chiba, Japan. It is a 13-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 29 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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