Overview of Maebashi Daiyamondomanshon (前橋ダイヤモンドマンション)
Maebashi Daiyamondomanshon (前橋ダイヤモンドマンション) is a 35-year-old condominium located at Maebashishi Ootomo Machi 2 Choume 27-1 (前橋市大友町2丁目27-1), Gunma, Japan. Built in 1991, it comprises 34 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Onosato Kougyou (小野里工業).
Pricing & Floor Plans
Based on 27 past listings, prices have ranged from 450〜1,180万円 (approx. $30,000–$78,667 USD at ¥150/$).
Unit sizes range from 46.9–66.5 sqm (505–716 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3DK (3-bedroom w/ dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 2DK (2-bedroom w/ dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥15.9万/sqm (approx. $1,063/sqm or $99/sqft).
Location & Neighborhood
The property is located at Maebashishi Ootomo Machi 2 Choume 27-1 (前橋市大友町2丁目27-1), Gunma, Japan. It is a 19-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 35 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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