Overview of Asaka Aabankonfooto (朝霞アーバンコンフォート)
Asaka Aabankonfooto (朝霞アーバンコンフォート) is a 38-year-old condominium located at Asaka Shi Negishi Dai 3 Choume 8-26 (朝霞市根岸台3丁目8-26), Saitama, Japan. Built in 1988, it comprises 60 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Kumagaigumi (熊谷組).
Pricing & Floor Plans
Based on 32 past listings, prices have ranged from 590〜2,380万円 (approx. $39,333–$158,667 USD at ¥150/$).
Unit sizes range from 31.0–76.2 sqm (334–820 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1LDK (1-bedroom w/ living-dining-kitchen), 1K (1-bedroom w/ kitchen), 2DK (2-bedroom w/ dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥32.1万/sqm (approx. $2,137/sqm or $199/sqft).
Location & Neighborhood
The property is located at Asaka Shi Negishi Dai 3 Choume 8-26 (朝霞市根岸台3丁目8-26), Saitama, 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 38 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 60 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.