Overview of Daiaparesuguranjie Shibamata (ダイアパレスグランジェ柴又)
Daiaparesuguranjie Shibamata (ダイアパレスグランジェ柴又) is a 26-year-old condominium located at Katsushikaku Shibamata 2 Choume 21-4 (葛飾区柴又2丁目21-4), Tokyo, Japan. Built in 2000, it comprises 31 units in a Reinforced Concrete (RC) structure. It was constructed by Yamato Kensetsu (大和建設).
Pricing & Floor Plans
Based on 22 past listings, prices have ranged from 1,880〜4,199万円 (approx. $125,333–$279,933 USD at ¥150/$).
Unit sizes range from 55.6–71.5 sqm (598–770 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: ¥58.7万/sqm (approx. $3,911/sqm or $363/sqft).
Location & Neighborhood
The property is located at Katsushikaku Shibamata 2 Choume 21-4 (葛飾区柴又2丁目21-4), 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 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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