Overview of Reebenhaimu Higashifushimi Ichiban Kan (レーベンハイム東伏見壱番館)
Reebenhaimu Higashifushimi Ichiban Kan (レーベンハイム東伏見壱番館) is a 26-year-old condominium located at Nishitoukyou Shi Higashifushimi 4 Choume 8-7 (西東京市東伏見4丁目8-7), Tokyo, Japan. Built in 2000, it comprises 25 units in a Reinforced Concrete (RC) structure. It was constructed by Seibukensetsu (西武建設).
Pricing & Floor Plans
Based on 8 past listings, prices have ranged from 2,180〜4,090万円 (approx. $145,333–$272,667 USD at ¥150/$).
Unit sizes range from 58.3–64.1 sqm (628–690 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥64.9万/sqm (approx. $4,325/sqm or $402/sqft).
Location & Neighborhood
The property is located at Nishitoukyou Shi Higashifushimi 4 Choume 8-7 (西東京市東伏見4丁目8-7), Tokyo, Japan. It is a 9-minute walk to the nearest station. This is considered good station access by Japanese standards.
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 26 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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