Overview of Kokuritsu Paakuhoomuzu (国立パークホームズ)
Kokuritsu Paakuhoomuzu (国立パークホームズ) is a 25-year-old condominium located at Kunitachishi Higashi 4 Choume 24-20 (国立市東4丁目24-20), Tokyo, Japan. Built in 2001, it comprises 41 units in a Reinforced Concrete (RC) structure. It was constructed by Fujiki Koumuten (藤木工務店).
Pricing & Floor Plans
Based on 30 past listings, prices have ranged from 3,580〜6,780万円 (approx. $238,667–$452,000 USD at ¥150/$).
Unit sizes range from 63.7–102.4 sqm (686–1102 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3LDK (3-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 4LDK (4-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥77.5万/sqm (approx. $5,166/sqm or $480/sqft).
Location & Neighborhood
The property is located at Kunitachishi Higashi 4 Choume 24-20 (国立市東4丁目24-20), Tokyo, Japan. It is a 15-minute walk to the nearest station. In Japan, station proximity significantly affects property values and daily convenience.
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 25 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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