Overview of Higashinada Sukaimanshon (東灘スカイマンション)
Higashinada Sukaimanshon (東灘スカイマンション) is a 27-year-old condominium located at Koubeshi Higashinadaku Tanakachou 5 Choume 1-12 (神戸市東灘区田中町5丁目1-12), Hyogo, Japan. Built in 1999, it comprises 170 units in a Reinforced Concrete (RC) structure. It was constructed by Arai Kumi (新井組).
Pricing & Floor Plans
Based on 90 past listings, prices have ranged from 1,280〜5,290万円 (approx. $85,333–$352,667 USD at ¥150/$).
Unit sizes range from 43.0–78.6 sqm (463–846 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 1LDK (1-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 3SLDK (3-bedroom w/ living-dining-kitchen + service room).
Estimated price per sqm: ¥68.5万/sqm (approx. $4,565/sqm or $424/sqft).
Location & Neighborhood
The property is located at Koubeshi Higashinadaku Tanakachou 5 Choume 1-12 (神戸市東灘区田中町5丁目1-12), Hyogo, Japan. It is a 8-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 27 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 170 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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