Overview of Joifuru Tama Sentaa Daini (ジョイフル多摩センター第２)
Joifuru Tama Sentaa Daini (ジョイフル多摩センター第２) is a 43-year-old condominium located at Tamashi Yutaka Ke Oka 1 Choume 62-2 (多摩市豊ヶ丘1丁目62-2), Tokyo, Japan. Built in 1983, it comprises 22 units in a Reinforced Concrete (RC) structure. It was constructed by Chizaki Kougyou (地崎工業).
Pricing & Floor Plans
Based on 19 past listings, prices have ranged from 950〜1,980万円 (approx. $63,333–$132,000 USD at ¥150/$).
Unit sizes range from 41.2–41.2 sqm (443–443 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1LDK (1-bedroom w/ living-dining-kitchen), 2DK (2-bedroom w/ dining-kitchen).
Estimated price per sqm: ¥44.6万/sqm (approx. $2,971/sqm or $276/sqft).
Location & Neighborhood
The property is located at Tamashi Yutaka Ke Oka 1 Choume 62-2 (多摩市豊ヶ丘1丁目62-2), 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 43 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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