Overview of Nekusuteeji Kokuritsu 3 (ネクステージ国立３)
Nekusuteeji Kokuritsu 3 (ネクステージ国立３) is a 26-year-old condominium located at Kunitachishi Fujimidai 2 Choume 2-11 (国立市富士見台2丁目2-11), Tokyo, Japan. Built in 2000, it comprises 19 units in a Reinforced Concrete (RC) structure. It was constructed by Kokorozashi Ta Kumi (志多組).
Pricing & Floor Plans
Based on 20 past listings, prices have ranged from 1,200〜4,900万円 (approx. $80,000–$326,667 USD at ¥150/$).
Unit sizes range from 33.3–60.9 sqm (358–656 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1LDK (1-bedroom w/ living-dining-kitchen), 1DK (1-bedroom w/ dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥83.5万/sqm (approx. $5,567/sqm or $517/sqft).
Location & Neighborhood
The property is located at Kunitachishi Fujimidai 2 Choume 2-11 (国立市富士見台2丁目2-11), Tokyo, Japan. It is a 6-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 26 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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