Overview of Byuu Paruku Hitachi No 3 Ban Kan (びゅうパルクひたち野３番館)
Byuu Paruku Hitachi No 3 Ban Kan (びゅうパルクひたち野３番館) is a 25-year-old condominium located at Ushiku Shi Hitachi No Higashi 5 Choume 33 (牛久市ひたち野東5丁目33), Ibaraki, Japan. Built in 2001, it comprises 47 units in a Reinforced Concrete (RC) structure. It was constructed by Tekken Kensetsu (鉄建建設).
Pricing & Floor Plans
Based on 33 past listings, prices have ranged from 1,450〜2,980万円 (approx. $96,667–$198,667 USD at ¥150/$).
Unit sizes range from 74.7–96.9 sqm (804–1043 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 3SLDK (3-bedroom w/ living-dining-kitchen + service room), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥31.5万/sqm (approx. $2,099/sqm or $195/sqft).
Location & Neighborhood
The property is located at Ushiku Shi Hitachi No Higashi 5 Choume 33 (牛久市ひたち野東5丁目33), Ibaraki, Japan. It is a 5-minute walk to the nearest station. This is considered excellent station access in Japan, where most daily errands are done on foot or by train.
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 25 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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