Overview of Paakutawaa Kinshichou (パークタワー錦糸町)
Paakutawaa Kinshichou (パークタワー錦糸町) is a 17-year-old condominium located at Sumidaku Koutoubashi 2 Choume 9-5 (墨田区江東橋2丁目9-5), Tokyo, Japan. Built in 2009, it comprises 297 units in a Reinforced Concrete (RC) structure. It was constructed by Shimizukensetsu (清水建設).
Pricing & Floor Plans
Based on 137 past listings, prices have ranged from 2,680〜19,800万円 (approx. $178,667–$1,320,000 USD at ¥150/$).
Unit sizes range from 33.1–104.4 sqm (356–1124 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), 1R (Studio), 1DK (1-bedroom w/ dining-kitchen).
Estimated price per sqm: ¥171.8万/sqm (approx. $11,455/sqm or $1,064/sqft).
Location & Neighborhood
The property is located at Sumidaku Koutoubashi 2 Choume 9-5 (墨田区江東橋2丁目9-5), 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
Scale advantage: With 297 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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