Overview of Asahi Shiteipario Fuchuu (朝日シティパリオ府中)
Asahi Shiteipario Fuchuu (朝日シティパリオ府中) is a 32-year-old condominium located at Fuchuushi Honchou 2 Choume 18-1 (府中市本町2丁目18-1), Tokyo, Japan. Built in 1994, it comprises 51 units in a Reinforced Concrete (RC) structure. It was constructed by Hazamagumi (間組).
Pricing & Floor Plans
Based on 13 past listings, prices have ranged from 2,280〜4,480万円 (approx. $152,000–$298,667 USD at ¥150/$).
Unit sizes range from 57.7–57.7 sqm (621–621 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2LDK (2-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥76.2万/sqm (approx. $5,082/sqm or $472/sqft).
Location & Neighborhood
The property is located at Fuchuushi Honchou 2 Choume 18-1 (府中市本町2丁目18-1), Tokyo, Japan. It is a 3-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 32 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 51 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.
Analyze this property's fair price and negotiation room for free at RE:public.