Overview of Paredooru Ichihara (パレドール市原)
Paredooru Ichihara (パレドール市原) is a 38-year-old condominium located at Ichiharashi Hachiman Kitamachi 1 Choume 1-18 (市原市八幡北町1丁目1-18), Chiba, Japan. Built in 1988, it comprises 58 units in a Reinforced Concrete (RC) structure. It was constructed by Dai Matsu Purehabu (大末プレハブ).
Pricing & Floor Plans
Based on 78 past listings, prices have ranged from 115〜370万円 (approx. $7,667–$24,667 USD at ¥150/$).
Unit sizes range from 13.8–33.5 sqm (149–361 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1K (1-bedroom w/ kitchen), 1R (Studio).
Estimated price per sqm: ¥12.7万/sqm (approx. $845/sqm or $78/sqft).
Location & Neighborhood
The property is located at Ichiharashi Hachiman Kitamachi 1 Choume 1-18 (市原市八幡北町1丁目1-18), Chiba, Japan. It is a 13-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 38 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 58 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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