Overview of Neohaitsu Seimei Machi Ni Ban Kan (ネオハイツ清明町弐番館)
Neohaitsu Seimei Machi Ni Ban Kan (ネオハイツ清明町弐番館) is a 26-year-old condominium located at Fukushima Shi Seimei Machi 2-3 (福島市清明町2-3), Fukushima, Japan. Built in 2000, it comprises 112 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Asanuma Kumi (浅沼組).
Pricing & Floor Plans
Based on 49 past listings, prices have ranged from 1,350〜2,250万円 (approx. $90,000–$150,000 USD at ¥150/$).
Unit sizes range from 59.0–84.8 sqm (635–913 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), 4LDK (4-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 3SLDK (3-bedroom w/ living-dining-kitchen + service room).
Estimated price per sqm: ¥27.7万/sqm (approx. $1,847/sqm or $172/sqft).
Location & Neighborhood
The property is located at Fukushima Shi Seimei Machi 2-3 (福島市清明町2-3), Fukushima, Japan. It is a 6-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 26 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 112 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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