Overview of Gaadenpuraza Shinkemi Kawa 1 1 Ban Kan (ガーデンプラザ新検見川１１番館)
Gaadenpuraza Shinkemi Kawa 1 1 Ban Kan (ガーデンプラザ新検見川１１番館) is a 28-year-old condominium located at Chibashi Hanamigawa Ku Mizuho 2 Choume 1-1 (千葉市花見川区瑞穂2丁目1-1), Chiba, Japan. Built in 1998, it comprises 42 units in a Reinforced Concrete (RC) structure. It was constructed by Kashima Kensetsu (鹿島建設).
Pricing & Floor Plans
Price range: 情報なし.
Estimated price per sqm: ¥32.0万/sqm (approx. $2,135/sqm or $198/sqft).
Location & Neighborhood
The property is located at Chibashi Hanamigawa Ku Mizuho 2 Choume 1-1 (千葉市花見川区瑞穂2丁目1-1), Chiba, Japan. It is a 18-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 28 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.
Analyze this property's fair price and negotiation room for free at RE:public.