Overview of Maakusu Kameido (マークス亀戸)
Maakusu Kameido (マークス亀戸) is a 29-year-old condominium located at Koutouku Kameido 5 Choume 1-6 (江東区亀戸5丁目1-6), Tokyo, Japan. Built in 1997, it comprises 209 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Reerushitei Higashi Kaihatsu , Tada Kensetsu (レールシティ東開発、 多田建設).
Pricing & Floor Plans
Based on 52 past listings, prices have ranged from 3,180〜10,480万円 (approx. $212,000–$698,667 USD at ¥150/$).
Unit sizes range from 50.4–86.1 sqm (543–927 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1LDK (1-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 3SLDK (3-bedroom w/ living-dining-kitchen + service room).
Estimated price per sqm: ¥130.7万/sqm (approx. $8,710/sqm or $809/sqft).
Location & Neighborhood
The property is located at Koutouku Kameido 5 Choume 1-6 (江東区亀戸5丁目1-6), Tokyo, Japan. It is a 2-minute walk to the nearest station. This is considered excellent station access in Japan, where most daily errands are done on foot or by train.
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 29 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 209 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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