Overview of Byuuparee Takasaki Utagawa (ビューパレー高崎歌川)
Byuuparee Takasaki Utagawa (ビューパレー高崎歌川) is a 35-year-old condominium located at Takasaki Shi Utagawa Machi 20 (高崎市歌川町20), Gunma, Japan. Built in 1991, it comprises 64 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Sada Kensetsu , Touboku Kougyou (佐田建設、 冬木工業).
Pricing & Floor Plans
Based on 48 past listings, prices have ranged from 450〜1,980万円 (approx. $30,000–$132,000 USD at ¥150/$).
Unit sizes range from 56.2–92.9 sqm (605–1000 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), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 1LDK (1-bedroom w/ living-dining-kitchen), 1SSLDK (1-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥23.9万/sqm (approx. $1,593/sqm or $148/sqft).
Location & Neighborhood
The property is located at Takasaki Shi Utagawa Machi 20 (高崎市歌川町20), 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 35 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 64 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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