Overview of Ekureeru Tagajou Chuuou Hiruzu (エクレール多賀城中央ヒルズ)
Ekureeru Tagajou Chuuou Hiruzu (エクレール多賀城中央ヒルズ) is a 33-year-old condominium located at Tagajoushi Chuuou 2 Choume 23-5 (多賀城市中央2丁目23-5), Miyagi, Japan. Built in 1993, it comprises 46 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Kokune Kensetsu (古久根建設).
Pricing & Floor Plans
Based on 27 past listings, prices have ranged from 640〜2,050万円 (approx. $42,667–$136,667 USD at ¥150/$).
Unit sizes range from 33.8–75.5 sqm (364–813 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3DK (3-bedroom w/ dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 2K (2-bedroom w/ kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥19.9万/sqm (approx. $1,326/sqm or $123/sqft).
Location & Neighborhood
The property is located at Tagajoushi Chuuou 2 Choume 23-5 (多賀城市中央2丁目23-5), Miyagi, Japan. It is a 8-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 33 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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