Overview of Paasoneeju Yokohama (パーソネージュ横浜)
Paasoneeju Yokohama (パーソネージュ横浜) is a 36-year-old condominium located at Yokohamashi Kanagawaku Saitou Bunchou 53-8 (横浜市神奈川区斎藤分町53-8), Kanagawa, Japan. Built in 1990, it comprises 21 units in a Reinforced Concrete (RC) structure. It was constructed by Sanhoomu (サンホーム).
Pricing & Floor Plans
Price range: 情報なし.
Estimated price per sqm: ¥37.3万/sqm (approx. $2,485/sqm or $231/sqft).
Location & Neighborhood
The property is located at Yokohamashi Kanagawaku Saitou Bunchou 53-8 (横浜市神奈川区斎藤分町53-8), Kanagawa, Japan. It is a 12-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 36 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.
Analyze this property's fair price and negotiation room for free at RE:public.