Overview of Nishihara Guriinhaitsu 9 Goutou (西原グリーンハイツ９号棟)
Nishihara Guriinhaitsu 9 Goutou (西原グリーンハイツ９号棟) is a 44-year-old condominium located at Nishitoukyou Shi Nishihara Machi 4 Choume 3-32 (西東京市西原町4丁目3-32), Tokyo, Japan. Built in 1982, it comprises 80 units in a Reinforced Concrete (RC) structure. It was constructed by Juutaku Toshi Seibi Koudan (住宅都市整備公団).
Pricing & Floor Plans
Based on 16 past listings, prices have ranged from 1,580〜2,599万円 (approx. $105,333–$173,267 USD at ¥150/$).
Unit sizes range from 74.5–76.8 sqm (802–827 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1R (Studio), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥30.7万/sqm (approx. $2,049/sqm or $190/sqft).
Location & Neighborhood
The property is located at Nishitoukyou Shi Nishihara Machi 4 Choume 3-32 (西東京市西原町4丁目3-32), Tokyo, 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 44 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 80 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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