Overview of Machida Painmanshon (町田パインマンション)
Machida Painmanshon (町田パインマンション) is a 29-year-old condominium located at Machidashi Haramachida 2 Choume 4-7 (町田市原町田2丁目4-7), Tokyo, Japan. Built in 1997, it comprises 92 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Aoki Kensetsu (青木建設).
Pricing & Floor Plans
Based on 98 past listings, prices have ranged from 2,380〜5,999万円 (approx. $158,667–$399,933 USD at ¥150/$).
Unit sizes range from 66.0–85.9 sqm (710–925 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: ¥63.9万/sqm (approx. $4,260/sqm or $396/sqft).
Location & Neighborhood
The property is located at Machidashi Haramachida 2 Choume 4-7 (町田市原町田2丁目4-7), Tokyo, Japan. It is a 13-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 29 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 92 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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