Overview of Shin Tamagawa Haimu 1 Goutou (新多摩川ハイム１号棟)
Shin Tamagawa Haimu 1 Goutou (新多摩川ハイム１号棟) is a 37-year-old condominium located at Kawasakishitamaku Nakano Shima 6 Choume 29-1 (川崎市多摩区中野島6丁目29-1), Kanagawa, Japan. Built in 1989, it comprises 91 units in a Reinforced Concrete (RC) structure. It was constructed by Kashima Kensetsu , Toda Kensetsu (鹿島建設、 戸田建設).
Pricing & Floor Plans
Price range: 情報なし.
Estimated price per sqm: ¥60.1万/sqm (approx. $4,008/sqm or $372/sqft).
Location & Neighborhood
The property is located at Kawasakishitamaku Nakano Shima 6 Choume 29-1 (川崎市多摩区中野島6丁目29-1), Kanagawa, Japan. It is a 2-minute walk to the nearest station. This is considered excellent station access in Japan, where most daily errands are done on foot or by train.
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 91 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.
Analyze this property's fair price and negotiation room for free at RE:public.