Overview of Sakae Ikebukuro Manshon (サカエ池袋マンション)
Sakae Ikebukuro Manshon (サカエ池袋マンション) is a 42-year-old condominium located at Toyoshima Ku Ikebukuro 4 Choume 30-11 (豊島区池袋4丁目30-11), Tokyo, Japan. Built in 1984, it comprises 25 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Sakae Sangyou , Katsuei Kensetsu (サカヱ産業、 勝栄建設).
Pricing & Floor Plans
Price range: 情報なし.
Estimated price per sqm: ¥97.2万/sqm (approx. $6,483/sqm or $602/sqft).
Location & Neighborhood
The property is located at Toyoshima Ku Ikebukuro 4 Choume 30-11 (豊島区池袋4丁目30-11), Tokyo, Japan. It is a 8-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 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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