Overview of Jierumu Otaru Unga (ジェルム小樽運河)
Jierumu Otaru Unga (ジェルム小樽運河) is a 20-year-old condominium located at Otarushi Ironai 2 Choume 4-9 (小樽市色内2丁目4-9), Hokkaido, Japan. Built in 2006, it comprises 48 units in a Reinforced Concrete (RC) structure. It was constructed by Touken Kougyou (東建工業).
Pricing & Floor Plans
Based on 13 past listings, prices have ranged from 2,050〜2,980万円 (approx. $136,667–$198,667 USD at ¥150/$).
Unit sizes range from 86.3–99.5 sqm (929–1071 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3LDK (3-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥28.2万/sqm (approx. $1,883/sqm or $175/sqft).
Location & Neighborhood
The property is located at Otarushi Ironai 2 Choume 4-9 (小樽市色内2丁目4-9), Hokkaido, Japan. It is a 9-minute walk to the nearest station. This is considered good station access by Japanese standards.
Investment Perspective
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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