Overview of Manshon Ogikubo Dai (マンション荻窪台)
Manshon Ogikubo Dai (マンション荻窪台) is a 40-year-old condominium located at Suginamiku Amanuma 3 Choume 32-23 (杉並区天沼3丁目32-23), Tokyo, Japan. Built in 1986, it comprises 33 units in a Reinforced Concrete (RC) structure. It was constructed by Fujita (フジタ).
Pricing & Floor Plans
Based on 32 past listings, prices have ranged from 2,380〜9,100万円 (approx. $158,667–$606,667 USD at ¥150/$).
Unit sizes range from 42.9–161.1 sqm (462–1734 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 1LDK (1-bedroom w/ living-dining-kitchen), 2DK (2-bedroom w/ dining-kitchen), 4SLDK (4-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥108.5万/sqm (approx. $7,231/sqm or $672/sqft).
Location & Neighborhood
The property is located at Suginamiku Amanuma 3 Choume 32-23 (杉並区天沼3丁目32-23), 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 40 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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