Overview of Ekumeene Akabane (エクメーネ赤羽)
Ekumeene Akabane (エクメーネ赤羽) is a 26-year-old condominium located at Kitaku Shimo 5 Choume 1-9 (北区志茂5丁目1-9), Tokyo, Japan. Built in 2000, it comprises 36 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Touyou Kensetsu , Kokorozashi Ta Kumi (東洋建設、 志多組).
Pricing & Floor Plans
Based on 17 past listings, prices have ranged from 2,450〜5,980万円 (approx. $163,333–$398,667 USD at ¥150/$).
Unit sizes range from 51.7–66.8 sqm (556–719 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), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥84.7万/sqm (approx. $5,645/sqm or $524/sqft).
Location & Neighborhood
The property is located at Kitaku Shimo 5 Choume 1-9 (北区志茂5丁目1-9), 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 26 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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