Overview of Toppu Nishiogi (トップ西荻)
Toppu Nishiogi (トップ西荻) is a 42-year-old condominium located at Suginamiku Nishiogi Minami 3 Choume 1-6 (杉並区西荻南3丁目1-6), Tokyo, Japan. Built in 1984, it comprises 24 units in a Reinforced Concrete (RC) structure. It was constructed by Satou Shuu Koumuten (佐藤秀工務店).
Pricing & Floor Plans
Based on 47 past listings, prices have ranged from 700〜1,150万円 (approx. $46,667–$76,667 USD at ¥150/$).
Unit sizes range from 12.9–15.4 sqm (139–166 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1R (Studio).
Estimated price per sqm: ¥67.9万/sqm (approx. $4,529/sqm or $421/sqft).
Location & Neighborhood
The property is located at Suginamiku Nishiogi Minami 3 Choume 1-6 (杉並区西荻南3丁目1-6), Tokyo, 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
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 42 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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