Overview of Guranfooria Hachiouji (グランフォーリア八王子)
Guranfooria Hachiouji (グランフォーリア八王子) is a 31-year-old condominium located at Hachioujishi Koyasu Machi 3 Choume 33-5 (八王子市子安町3丁目33-5), Tokyo, Japan. Built in 1995, it comprises 26 units in a Reinforced Concrete (RC) structure. It was constructed by Nippon Komushisu (日本コムシス).
Pricing & Floor Plans
Based on 19 past listings, prices have ranged from 1,230〜3,499万円 (approx. $82,000–$233,267 USD at ¥150/$).
Unit sizes range from 57.5–64.4 sqm (619–693 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 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: ¥52.0万/sqm (approx. $3,469/sqm or $322/sqft).
Location & Neighborhood
The property is located at Hachioujishi Koyasu Machi 3 Choume 33-5 (八王子市子安町3丁目33-5), Tokyo, Japan. It is a 6-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 31 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
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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