Overview of Bikuseru Tateishi (ビクセル立石)
Bikuseru Tateishi (ビクセル立石) is a 37-year-old condominium located at Katsushikaku Tateishi 4 Choume 11-1 (葛飾区立石4丁目11-1), Tokyo, Japan. Built in 1989, it comprises 56 units in a Reinforced Concrete (RC) structure. It was constructed by Sanpei Kensetsu (三平建設).
Pricing & Floor Plans
Based on 19 past listings, prices have ranged from 1,250〜3,380万円 (approx. $83,333–$225,333 USD at ¥150/$).
Unit sizes range from 44.1–62.2 sqm (475–670 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: ¥53.2万/sqm (approx. $3,549/sqm or $330/sqft).
Location & Neighborhood
The property is located at Katsushikaku Tateishi 4 Choume 11-1 (葛飾区立石4丁目11-1), Tokyo, Japan. It is a 7-minute walk to the nearest station. This is considered good station access by Japanese standards.
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 37 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 56 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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