Overview of Riidensutawaa Kousou Tou (リーデンスタワー高層棟)
Riidensutawaa Kousou Tou (リーデンスタワー高層棟) is a 25-year-old condominium located at Arakawaku Higashinippori 5 Choume 16-1 (荒川区東日暮里5丁目16-1), Tokyo, Japan. Built in 2001, it comprises 297 units in a Reinforced Concrete (RC) structure. It was constructed by Mitsui , Hase Kou Kooporeeshon (三井、 長谷工コーポレーション).
Pricing & Floor Plans
Based on 121 past listings, prices have ranged from 2,380〜12,980万円 (approx. $158,667–$865,333 USD at ¥150/$).
Unit sizes range from 30.0–122.0 sqm (323–1313 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 1LDK (1-bedroom w/ living-dining-kitchen), 1K (1-bedroom w/ kitchen), 1R (Studio), 2DK (2-bedroom w/ dining-kitchen).
Estimated price per sqm: ¥163.2万/sqm (approx. $10,879/sqm or $1,011/sqft).
Location & Neighborhood
The property is located at Arakawaku Higashinippori 5 Choume 16-1 (荒川区東日暮里5丁目16-1), Tokyo, Japan. It is a 6-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.
Scale advantage: With 297 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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