Ultra-Luxury Senior Home ‘Sakurabia Seijo’ Revealed with Initial Payments Exceeding 400 Million Yen

A resident who got into the elevator instead was dressed in a well-tailored suit and responded with a polite bow, but I was struck by the young woman, who seemed to be his family member, avoiding eye contact with us.

First, I was shown a standard model room of approximately 68 square meters. The room, with an initial payment of around 150 million yen or more, includes a living room and a bedroom, offering ample space even for two people.

The kitchen is compactly designed. This is because there is a restaurant within the facility, so frequent cooking in the room is not anticipated. Additionally, the room is equipped with a lifestyle rhythm sensor that alerts if no one passes by for a certain period. This allows for the immediate detection of a resident who might have fallen inside the room. Cleaning is done twice a month and is included in the management fees.

All rooms at Sakurabia Seijo face south. Looking out from the model room’s window, directly in front is the luxury senior home “Grand Clair Seijo,” developed by Tokyu Fudosan Holdings.

The competing facility, which can be considered a rival to Sakurabia Seijo, shows on its website that a room of approximately 41 square meters requires an initial payment of about 50 million yen, which is somewhat lower. However, even this lower amount is still quite high compared to typical senior homes. Moreover, if constant care becomes necessary, it seems that a move to a care residence within the same building will be required.

“The initial payment is approximately 147 million yen for one person and about 160 million yen for two people. The initial payment is amortized over 15 years, so if a single resident moves out after 5 years, around 83.4 million yen will be refunded. After 15 years, there is no refund of the initial payment, but you can live on just the monthly fees,” said Mr. Ishizuka.

However, apart from those who pass away, very few people leave before 15 years. This might mean that there are no complaints about the facility or that elderly individuals prefer to avoid changes and stick with their current situation. Both reasons are likely factors.