Overview of Shiteiterasu Kanemachi (シティテラス金町)
Shiteiterasu Kanemachi (シティテラス金町) is a 5-year-old condominium located at Katsushikaku Shinjuku 6 Choume 2-18 (葛飾区新宿6丁目2-18), Tokyo, Japan. Built in 2021, it comprises 610 units in a Reinforced Concrete (RC) structure. It was constructed by Hase Kou Kooporeeshon (長谷工コーポレーション).
Pricing & Floor Plans
Price range: 情報なし.
Estimated price per sqm: ¥116.6万/sqm (approx. $7,774/sqm or $722/sqft).
Location & Neighborhood
The property is located at Katsushikaku Shinjuku 6 Choume 2-18 (葛飾区新宿6丁目2-18), Tokyo, Japan. It is a 10-minute walk to the nearest station. This is considered good station access by Japanese standards.
Investment Perspective
Scale advantage: With 610 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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