Overview of Paresuteeji Akiru No Minami (パレステージあきる野南)
Paresuteeji Akiru No Minami (パレステージあきる野南) is a 19-year-old condominium located at Akiru Noichi Aki Ryuu 1 Choume 5-1 (あきる野市秋留1丁目5-1), Tokyo, Japan. Built in 2007, it comprises 63 units in a Reinforced Concrete (RC) structure. It was constructed by Go Hikari Kensetsu (五光建設).
Pricing & Floor Plans
Based on 92 past listings, prices have ranged from 1,080〜2,790万円 (approx. $72,000–$186,000 USD at ¥150/$).
Unit sizes range from 61.5–83.8 sqm (662–902 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), 4LDK (4-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥27.6万/sqm (approx. $1,840/sqm or $171/sqft).
Location & Neighborhood
The property is located at Akiru Noichi Aki Ryuu 1 Choume 5-1 (あきる野市秋留1丁目5-1), Tokyo, Japan. It is a 17-minute walk to the nearest station. In Japan, station proximity significantly affects property values and daily convenience.
Investment Perspective
Scale advantage: With 63 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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