Overview of Touken Nyuuhaitsu Kita Kounosu (東建ニューハイツ北鴻巣)
Touken Nyuuhaitsu Kita Kounosu (東建ニューハイツ北鴻巣) is a 35-year-old condominium located at Kounosu Shi Minoda 3459-1 (鴻巣市箕田3459-1), Saitama, Japan. Built in 1991, it comprises 110 units in a Reinforced Concrete (RC) structure. It was constructed by Asanuma Kumi , Asanuma Kumi (淺沼組、 浅沼組).
Pricing & Floor Plans
Based on 57 past listings, prices have ranged from 500〜1,590万円 (approx. $33,333–$106,000 USD at ¥150/$).
Unit sizes range from 66.3–84.5 sqm (714–910 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥16.9万/sqm (approx. $1,125/sqm or $104/sqft).
Location & Neighborhood
The property is located at Kounosu Shi Minoda 3459-1 (鴻巣市箕田3459-1), Saitama, Japan. It is a 18-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 110 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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