Overview of Touken Nyuuhaitsu Yotsukaidou (東建ニューハイツ四街道)
Touken Nyuuhaitsu Yotsukaidou (東建ニューハイツ四街道) is a 36-year-old condominium located at Yotsukaidou Shi Yotsukaidou 3 Choume 3-13 (四街道市四街道3丁目3-13), Chiba, Japan. Built in 1990, it comprises 25 units in a Reinforced Concrete (RC) structure. It was constructed by Taiboku Kensetsu (大木建設).
Pricing & Floor Plans
Based on 43 past listings, prices have ranged from 290〜1,380万円 (approx. $19,333–$92,000 USD at ¥150/$).
Unit sizes range from 54.3–76.3 sqm (584–821 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2LDK (2-bedroom w/ living-dining-kitchen), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥8.8万/sqm (approx. $587/sqm or $55/sqft).
Location & Neighborhood
The property is located at Yotsukaidou Shi Yotsukaidou 3 Choume 3-13 (四街道市四街道3丁目3-13), Chiba, Japan. It is a 12-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 36 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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