Overview of Toppu Kawasaki Dai 8 (トップ川崎第８)
Toppu Kawasaki Dai 8 (トップ川崎第８) is a 39-year-old condominium located at Kawasakishi Kawasakiku Yotsuya Uemachi 23-3 (川崎市川崎区四谷上町23-3), Kanagawa, Japan. Built in 1987, it comprises 58 units in a Reinforced Concrete (RC) structure. It was constructed by Nishimura Kensetsu , Niimura Kensetsu (西村建設、 新村建設).
Pricing & Floor Plans
Price range: 情報なし.
Estimated price per sqm: ¥37.8万/sqm (approx. $2,521/sqm or $234/sqft).
Location & Neighborhood
The property is located at Kawasakishi Kawasakiku Yotsuya Uemachi 23-3 (川崎市川崎区四谷上町23-3), Kanagawa, Japan. It is a 16-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 39 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 58 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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