Overview of T I P Manshon (ＴＩＰマンション)
T I P Manshon (ＴＩＰマンション) is a 37-year-old condominium located at Miyazaki Shi Tachibana Toori Nishi 1 Choume 5-30 (宮崎市橘通西1丁目5-30), Miyazaki, Japan. Built in 1989, it comprises 72 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Kai Koumuten , Masuda Koumuten (甲斐工務店、 増田工務店).
Pricing & Floor Plans
Price range: 情報なし.
Estimated price per sqm: ¥14.8万/sqm (approx. $989/sqm or $92/sqft).
Location & Neighborhood
The property is located at Miyazaki Shi Tachibana Toori Nishi 1 Choume 5-30 (宮崎市橘通西1丁目5-30), Miyazaki, Japan. It is a 20-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 37 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 72 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.
Analyze this property's fair price and negotiation room for free at RE:public.