Overview of Sentoree Yokohama Sekiuchi (セントレー横浜関内)
Sentoree Yokohama Sekiuchi (セントレー横浜関内) is a 28-year-old condominium located at Yokohamashi Nakaku Fukutomi Machi Nishi Toori 1-7 (横浜市中区福富町西通1-7), Kanagawa, Japan. Built in 1998, it comprises 98 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Sanpei Kensetsu (三平建設).
Pricing & Floor Plans
Based on 137 past listings, prices have ranged from 1,980〜7,980万円 (approx. $132,000–$532,000 USD at ¥150/$).
Unit sizes range from 51.2–90.0 sqm (551–969 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), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 4LDK (4-bedroom w/ living-dining-kitchen), 1LDK (1-bedroom w/ living-dining-kitchen), 1R (Studio).
Estimated price per sqm: ¥73.2万/sqm (approx. $4,883/sqm or $454/sqft).
Location & Neighborhood
The property is located at Yokohamashi Nakaku Fukutomi Machi Nishi Toori 1-7 (横浜市中区福富町西通1-7), Kanagawa, Japan. It is a 5-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 28 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 98 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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