Overview of Musashikoganei Sukaihaitsu (武蔵小金井スカイハイツ)
Musashikoganei Sukaihaitsu (武蔵小金井スカイハイツ) is a 42-year-old condominium located at Koganeishi Nakamachi 4 Choume 14-17 (小金井市中町4丁目14-17), Tokyo, Japan. Built in 1984, it comprises 38 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Hasegawakoumuten (長谷川工務店).
Pricing & Floor Plans
Price range: 情報なし.
Estimated price per sqm: ¥62.5万/sqm (approx. $4,170/sqm or $387/sqft).
Location & Neighborhood
The property is located at Koganeishi Nakamachi 4 Choume 14-17 (小金井市中町4丁目14-17), Tokyo, Japan. It is a 4-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 42 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
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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