Overview of Manhaimu Yashio (マンハイム八潮)
Manhaimu Yashio (マンハイム八潮) is a 44-year-old condominium located at Yashio Shidai Sone 50-4 (八潮市大曽根50-4), Saitama, Japan. Built in 1982, it comprises 161 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Hasegawakoumuten (長谷川工務店).
Pricing & Floor Plans
Based on 53 past listings, prices have ranged from 590〜2,570万円 (approx. $39,333–$171,333 USD at ¥150/$).
Unit sizes range from 42.9–66.0 sqm (462–710 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 1LDK (1-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: ¥25.3万/sqm (approx. $1,687/sqm or $157/sqft).
Location & Neighborhood
The property is located at Yashio Shidai Sone 50-4 (八潮市大曽根50-4), Saitama, Japan. It is a 25-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 161 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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