Overview of Gurooingukooto Kimitsu (グローイングコート君津)
Gurooingukooto Kimitsu (グローイングコート君津) is a 24-year-old condominium located at Kimitsu Shichuu No 5 Choume 13-29 (君津市中野5丁目13-29), Chiba, Japan. Built in 2002, it comprises 71 units in a Reinforced Concrete (RC) structure. It was constructed by Shiroishi , Hosoda Koumuten (白石、 細田工務店).
Pricing & Floor Plans
Based on 21 past listings, prices have ranged from 1,180〜1,880万円 (approx. $78,667–$125,333 USD at ¥150/$).
Unit sizes range from 69.4–75.6 sqm (747–814 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥20.3万/sqm (approx. $1,351/sqm or $125/sqft).
Location & Neighborhood
The property is located at Kimitsu Shichuu No 5 Choume 13-29 (君津市中野5丁目13-29), Chiba, Japan. It is a 10-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 24 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 71 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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