Overview of Paakuhoomuzusentorarushitei Chuuouku Minato (パークホームズセントラルシティ中央区湊)
Paakuhoomuzusentorarushitei Chuuouku Minato (パークホームズセントラルシティ中央区湊) is a 21-year-old condominium located at Chuuouku Minato 3 Choume 17-8 (中央区湊3丁目17-8), Tokyo, Japan. Built in 2005, it comprises 129 units in a Reinforced Concrete (RC) structure. It was constructed by Daihoukensetsu (大豊建設).
Pricing & Floor Plans
Based on 80 past listings, prices have ranged from 2,980〜12,990万円 (approx. $198,667–$866,000 USD at ¥150/$).
Unit sizes range from 40.2–89.0 sqm (433–958 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), 1K (1-bedroom w/ kitchen), 1DK (1-bedroom w/ dining-kitchen).
Estimated price per sqm: ¥180.9万/sqm (approx. $12,061/sqm or $1,121/sqft).
Location & Neighborhood
The property is located at Chuuouku Minato 3 Choume 17-8 (中央区湊3丁目17-8), Tokyo, Japan. It is a 6-minute walk to the nearest station. This is considered good station access by Japanese standards.
Investment Perspective
Scale advantage: With 129 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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