Overview of Yokosuka Shioiri Haimu (横須賀汐入ハイム)
Yokosuka Shioiri Haimu (横須賀汐入ハイム) is a 28-year-old condominium located at Yokosukashi Honchou 2 Choume 1-19 (横須賀市本町2丁目1-19), Kanagawa, Japan. Built in 1998, it comprises 402 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Toda Kensetsu (戸田建設).
Pricing & Floor Plans
Based on 105 past listings, prices have ranged from 2,300〜5,499万円 (approx. $153,333–$366,600 USD at ¥150/$).
Unit sizes range from 63.1–100.0 sqm (679–1076 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 3SLDK (3-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥56.5万/sqm (approx. $3,767/sqm or $350/sqft).
Location & Neighborhood
The property is located at Yokosukashi Honchou 2 Choume 1-19 (横須賀市本町2丁目1-19), 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 28 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 402 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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