Overview of Sumida Furawaamanshon (墨田フラワーマンション)
Sumida Furawaamanshon (墨田フラワーマンション) is a 45-year-old condominium located at Sumidaku Yahiro 3 Choume 38-19 (墨田区八広3丁目38-19), Tokyo, Japan. Built in 1981, it comprises 43 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Hasebe Kensetsu (長谷部建設).
Pricing & Floor Plans
Based on 41 past listings, prices have ranged from 900〜3,080万円 (approx. $60,000–$205,333 USD at ¥150/$).
Unit sizes range from 46.0–50.8 sqm (495–547 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), 2LDK (2-bedroom w/ living-dining-kitchen), 2DK (2-bedroom w/ dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen), 3DK (3-bedroom w/ dining-kitchen).
Estimated price per sqm: ¥54.5万/sqm (approx. $3,631/sqm or $337/sqft).
Location & Neighborhood
The property is located at Sumidaku Yahiro 3 Choume 38-19 (墨田区八広3丁目38-19), Tokyo, Japan. It is a 13-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 45 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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