Overview of Kuresento Oota (クレセント太田)
Kuresento Oota (クレセント太田) is a 36-year-old condominium located at Ootashi Fuji Aku Machi 910-3 (太田市藤阿久町910-3), Gunma, Japan. Built in 1990, it comprises 56 units in a Reinforced Concrete (RC) structure.
Pricing & Floor Plans
Based on 27 past listings, prices have ranged from 300〜1,540万円 (approx. $20,000–$102,667 USD at ¥150/$).
Unit sizes range from 34.6–49.5 sqm (372–533 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1SLDK (1-bedroom w/ living-dining-kitchen + service room), 1LDK (1-bedroom w/ living-dining-kitchen), 1DK (1-bedroom w/ dining-kitchen), 3DK (3-bedroom w/ dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥30.8万/sqm (approx. $2,052/sqm or $191/sqft).
Location & Neighborhood
The property is located at Ootashi Fuji Aku Machi 910-3 (太田市藤阿久町910-3), Gunma, Japan. It is a 19-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 36 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 56 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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