Overview of Toppu Kawasaki Daisan (トップ川崎第３)
Toppu Kawasaki Daisan (トップ川崎第３) is a 41-year-old condominium located at Kawasakishi Kawasakiku Miyamoto Machi 3-6 (川崎市川崎区宮本町3-6), Kanagawa, Japan. Built in 1985, it comprises 78 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Komatsu Kensetsu Kougyou (小松建設工業).
Pricing & Floor Plans
Based on 56 past listings, prices have ranged from 500〜1,140万円 (approx. $33,333–$76,000 USD at ¥150/$).
Unit sizes range from 12.9–22.4 sqm (139–241 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1K (1-bedroom w/ kitchen), 1R (Studio).
Estimated price per sqm: ¥59.8万/sqm (approx. $3,984/sqm or $370/sqft).
Location & Neighborhood
The property is located at Kawasakishi Kawasakiku Miyamoto Machi 3-6 (川崎市川崎区宮本町3-6), Kanagawa, Japan. It is a 4-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 41 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 78 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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