Overview of Churisu Kyoumachi Dai (チュリス京町台)
Churisu Kyoumachi Dai (チュリス京町台) is a 27-year-old condominium located at Kumamotoshi Nishiku Ikeda 1 Choume 14-75 (熊本市西区池田1丁目14-75), Kumamoto, Japan. Built in 1999, it comprises 45 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Sumitomokensetsu , Satou Benekku (住友建設、 さとうベネック).
Pricing & Floor Plans
Based on 22 past listings, prices have ranged from 1,490〜2,590万円 (approx. $99,333–$172,667 USD at ¥150/$).
Unit sizes range from 74.9–92.1 sqm (806–991 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥27.8万/sqm (approx. $1,853/sqm or $172/sqft).
Location & Neighborhood
The property is located at Kumamotoshi Nishiku Ikeda 1 Choume 14-75 (熊本市西区池田1丁目14-75), Kumamoto, 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 27 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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