Overview of J Shitei Sumida Kane Ke Fuchi (Ｊシティ墨田鐘ヶ淵)
J Shitei Sumida Kane Ke Fuchi (Ｊシティ墨田鐘ヶ淵) is a 23-year-old condominium located at Sumidaku Sumida 4 Choume 13-9 (墨田区墨田4丁目13-9), Tokyo, Japan. Built in 2003, it comprises 27 units in a Reinforced Concrete (RC) structure. It was constructed by Itou Kumi Doken (伊藤組土建).
Pricing & Floor Plans
Based on 27 past listings, prices have ranged from 2,000〜6,490万円 (approx. $133,333–$432,667 USD at ¥150/$).
Unit sizes range from 58.4–71.2 sqm (629–766 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: ¥86.2万/sqm (approx. $5,747/sqm or $534/sqft).
Location & Neighborhood
The property is located at Sumidaku Sumida 4 Choume 13-9 (墨田区墨田4丁目13-9), Tokyo, Japan. It is a 4-minute walk to the nearest station. This is considered excellent station access in Japan, where most daily errands are done on foot or by train.
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 23 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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