Overview of Meriiraifu Shinjuku (メリーライフ新宿)
Meriiraifu Shinjuku (メリーライフ新宿) is a 42-year-old condominium located at Shinjukuku Hyakuninchou 1 Choume 16-11 (新宿区百人町1丁目16-11), Tokyo, Japan. Built in 1984, it comprises 23 units in a Reinforced Concrete (RC) structure. It was constructed by Magara Kensetsu (真柄建設).
Pricing & Floor Plans
Based on 14 past listings, prices have ranged from 798〜1,800万円 (approx. $53,200–$120,000 USD at ¥150/$).
Unit sizes range from 14.0–18.3 sqm (151–197 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1R (Studio).
Estimated price per sqm: ¥98.9万/sqm (approx. $6,594/sqm or $613/sqft).
Location & Neighborhood
The property is located at Shinjukuku Hyakuninchou 1 Choume 16-11 (新宿区百人町1丁目16-11), Tokyo, Japan. It is a 1-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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