Overview of Kawaguchi Saiwaichou Paakuhausu (川口幸町パークハウス)
Kawaguchi Saiwaichou Paakuhausu (川口幸町パークハウス) is a 28-year-old condominium located at Kawaguchishi Saiwaichou 2 Choume 10-30 (川口市幸町2丁目10-30), Saitama, Japan. Built in 1998, it comprises 29 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Shimizukensetsu , Hayashi Kumi (清水建設、 林組).
Pricing & Floor Plans
Based on 30 past listings, prices have ranged from 2,450〜5,999万円 (approx. $163,333–$399,933 USD at ¥150/$).
Unit sizes range from 73.1–85.2 sqm (787–917 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 5LDK (5-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen), 3SLDK (3-bedroom w/ living-dining-kitchen + service room), 4LDK (4-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥67.8万/sqm (approx. $4,517/sqm or $420/sqft).
Location & Neighborhood
The property is located at Kawaguchishi Saiwaichou 2 Choume 10-30 (川口市幸町2丁目10-30), Saitama, Japan. It is a 11-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 28 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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