Overview of Vinteeji Suginami Wada (ヴィンテージ杉並和田)
Vinteeji Suginami Wada (ヴィンテージ杉並和田) is a 30-year-old condominium located at Suginamiku Wada 3 Choume 6-16 (杉並区和田3丁目6-16), Tokyo, Japan. Built in 1996, it comprises 27 units in a Reinforced Concrete (RC) structure. It was constructed by Yamachuu Kensetsu (山忠建設).
Pricing & Floor Plans
Based on 17 past listings, prices have ranged from 860〜7,280万円 (approx. $57,333–$485,333 USD at ¥150/$).
Unit sizes range from 18.2–70.0 sqm (196–753 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1K (1-bedroom w/ kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥88.1万/sqm (approx. $5,871/sqm or $545/sqft).
Location & Neighborhood
The property is located at Suginamiku Wada 3 Choume 6-16 (杉並区和田3丁目6-16), 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 30 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.