Overview of Meitsu Hashimoto (メイツ橋本)
Meitsu Hashimoto (メイツ橋本) is a 32-year-old condominium located at Sagamiharashi Midoriku Hashimoto 8 Choume 16-3 (相模原市緑区橋本8丁目16-3), Kanagawa, Japan. Built in 1994, it comprises 59 units in a Reinforced Concrete (RC) structure. It was constructed by Hase Kou Kooporeeshon (長谷工コーポレーション).
Pricing & Floor Plans
Based on 27 past listings, prices have ranged from 1,070〜1,980万円 (approx. $71,333–$132,000 USD at ¥150/$).
Unit sizes range from 55.7–64.6 sqm (600–695 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), 2LDK (2-bedroom w/ living-dining-kitchen), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥32.0万/sqm (approx. $2,135/sqm or $198/sqft).
Location & Neighborhood
The property is located at Sagamiharashi Midoriku Hashimoto 8 Choume 16-3 (相模原市緑区橋本8丁目16-3), Kanagawa, Japan. It is a 9-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 32 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 59 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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