Overview of Kitasenju Daikanpuraza (北千住ダイカンプラザ)
Kitasenju Daikanpuraza (北千住ダイカンプラザ) is a 45-year-old condominium located at Adachiku Senju Nakachou 24-4 (足立区千住仲町24-4), Tokyo, Japan. Built in 1981, it comprises 44 units in a Reinforced Concrete (RC) structure. It was constructed by Satou Kougyou (佐藤工業).
Pricing & Floor Plans
Based on 27 past listings, prices have ranged from 1,880〜4,790万円 (approx. $125,333–$319,333 USD at ¥150/$).
Unit sizes range from 42.4–75.5 sqm (456–813 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1SLDK (1-bedroom w/ living-dining-kitchen + service room), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 1LDK (1-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen), 2SDK (2-bedroom w/ dining-kitchen + service room).
Estimated price per sqm: ¥71.5万/sqm (approx. $4,767/sqm or $443/sqft).
Location & Neighborhood
The property is located at Adachiku Senju Nakachou 24-4 (足立区千住仲町24-4), Tokyo, Japan. It is a 6-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 45 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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