Overview of Asahi Manshon Kawagoe (朝日マンション川越)
Asahi Manshon Kawagoe (朝日マンション川越) is a 31-year-old condominium located at Kawagoeshi Shou Senba Machi 2 Choume 44-11 (川越市小仙波町2丁目44-11), Saitama, Japan. Built in 1995, it comprises 133 units in a Reinforced Concrete (RC) structure. It was constructed by Chi Saki Kougyou , Chizaki Kougyou (地埼工業、 地崎工業).
Pricing & Floor Plans
Based on 54 past listings, prices have ranged from 820〜2,880万円 (approx. $54,667–$192,000 USD at ¥150/$).
Unit sizes range from 50.2–80.3 sqm (540–864 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1SLDK (1-bedroom w/ living-dining-kitchen + service room), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen), 3DK (3-bedroom w/ dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥29.1万/sqm (approx. $1,939/sqm or $180/sqft).
Location & Neighborhood
The property is located at Kawagoeshi Shou Senba Machi 2 Choume 44-11 (川越市小仙波町2丁目44-11), 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 31 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 133 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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