Overview of Daiyamondosukuea Maebashi (ダイヤモンドスクエア前橋)
Daiyamondosukuea Maebashi (ダイヤモンドスクエア前橋) is a 34-year-old condominium located at Maebashishi Minamimachi 1 Choume 19-27 (前橋市南町1丁目19-27), Gunma, Japan. Built in 1992, it comprises 146 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Toure Kensetsu (東レ建設).
Pricing & Floor Plans
Based on 83 past listings, prices have ranged from 268〜1,990万円 (approx. $17,867–$132,667 USD at ¥150/$).
Unit sizes range from 23.2–78.9 sqm (250–849 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 1LDK (1-bedroom w/ living-dining-kitchen), 1K (1-bedroom w/ kitchen), 1R (Studio), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥20.2万/sqm (approx. $1,349/sqm or $125/sqft).
Location & Neighborhood
The property is located at Maebashishi Minamimachi 1 Choume 19-27 (前橋市南町1丁目19-27), Gunma, Japan. It is a 13-minute walk to the nearest station. In Japan, station proximity significantly affects property values and daily convenience.
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 34 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 146 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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