Overview of Reeben Takaoka Mid rise tower (レーベン高岡MID RISE TOWER)
Reeben Takaoka Mid rise tower (レーベン高岡MID RISE TOWER) is a 7-year-old condominium located at Takaokashi Suehirochou 8-10 (高岡市末広町8-10), Toyama, Japan. Built in 2019, it comprises 98 units in a Reinforced Concrete (RC) structure. It was constructed by Satou Kougyou (佐藤工業).
Pricing & Floor Plans
Price range: 情報なし.
Estimated price per sqm: ¥42.2万/sqm (approx. $2,813/sqm or $261/sqft).
Location & Neighborhood
The property is located at Takaokashi Suehirochou 8-10 (高岡市末広町8-10), Toyama, Japan. It is a 5-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
Scale advantage: With 98 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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