Overview of Maikyassuru Oume (マイキャッスル青梅)
Maikyassuru Oume (マイキャッスル青梅) is a 25-year-old condominium located at Oumeshi Ooyanagi Machi 1380-1 (青梅市大柳町1380-1), Tokyo, Japan. Built in 2001, it comprises 60 units in a Reinforced Concrete (RC) structure. It was constructed by Goyoukensetsu (五洋建設).
Pricing & Floor Plans
Based on 53 past listings, prices have ranged from 810〜2,090万円 (approx. $54,000–$139,333 USD at ¥150/$).
Unit sizes range from 68.5–77.0 sqm (737–829 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥19.7万/sqm (approx. $1,311/sqm or $122/sqft).
Location & Neighborhood
The property is located at Oumeshi Ooyanagi Machi 1380-1 (青梅市大柳町1380-1), 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 25 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 60 units, this is a relatively large condominium. Larger buildings typically benefit from lower per-unit maintenance and repair reserve costs.
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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