Overview of Ruishatore Tama Nagayama Ni Ban Kan (ルイシャトレ多摩永山弐番館)
Ruishatore Tama Nagayama Ni Ban Kan (ルイシャトレ多摩永山弐番館) is a 28-year-old condominium located at Tamashi Suwa 1 Choume 53-3 (多摩市諏訪1丁目53-3), Tokyo, Japan. Built in 1998, it comprises 34 units in a Reinforced Concrete (RC) structure. It was constructed by Saeki Kensetsu Kougyou (佐伯建設工業).
Pricing & Floor Plans
Based on 25 past listings, prices have ranged from 1,890〜3,780万円 (approx. $126,000–$252,000 USD at ¥150/$).
Unit sizes range from 62.3–72.9 sqm (671–785 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: ¥56.5万/sqm (approx. $3,769/sqm or $350/sqft).
Location & Neighborhood
The property is located at Tamashi Suwa 1 Choume 53-3 (多摩市諏訪1丁目53-3), Tokyo, Japan. It is a 10-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 28 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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