Overview of Puresuteeji Himeji 5 (プレステージ姫路５)
Puresuteeji Himeji 5 (プレステージ姫路５) is a 25-year-old condominium located at Himejishi Shikama Ku Miyake 1 Choume 106 (姫路市飾磨区三宅1丁目106), Hyogo, Japan. Built in 2001, it comprises 37 units in a Reinforced Concrete (RC) structure. It was constructed by Kanzaki Kumi (神崎組).
Pricing & Floor Plans
Based on 16 past listings, prices have ranged from 900〜1,699万円 (approx. $60,000–$113,267 USD at ¥150/$).
Unit sizes range from 54.4–75.0 sqm (586–807 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥26.1万/sqm (approx. $1,739/sqm or $162/sqft).
Location & Neighborhood
The property is located at Himejishi Shikama Ku Miyake 1 Choume 106 (姫路市飾磨区三宅1丁目106), Hyogo, Japan. It is a 7-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 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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