Overview of Inbesutomento Hoshi Ga Oka (インベストメント星が丘)
Inbesutomento Hoshi Ga Oka (インベストメント星が丘) is a 39-year-old condominium located at Sagamiharashi Chuuouku Hoshi Ga Oka 2 Choume 13-4 (相模原市中央区星が丘2丁目13-4), Kanagawa, Japan. Built in 1987, it comprises 9 units in a Reinforced Concrete (RC) structure. It was constructed by Maruichi Koumuten (丸一工務店).
Pricing & Floor Plans
Price range: 情報なし.
Estimated price per sqm: ¥39.6万/sqm (approx. $2,643/sqm or $246/sqft).
Location & Neighborhood
The property is located at Sagamiharashi Chuuouku Hoshi Ga Oka 2 Choume 13-4 (相模原市中央区星が丘2丁目13-4), Kanagawa, Japan. It is a 20-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 39 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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