Overview of Senchurii Koganei (センチュリー小金井)
Senchurii Koganei (センチュリー小金井) is a 40-year-old condominium located at Koganeishi Midorimachi 5 Choume 14-17 (小金井市緑町5丁目14-17), Tokyo, Japan. Built in 1986, it comprises 23 units in a Reinforced Concrete (RC) structure. It was constructed by Fushimi Kensetsu (伏見建設).
Pricing & Floor Plans
Based on 7 past listings, prices have ranged from 1,290〜2,480万円 (approx. $86,000–$165,333 USD at ¥150/$).
Unit sizes range from 40.0–41.1 sqm (431–442 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1SLDK (1-bedroom w/ living-dining-kitchen + service room), 1LDK (1-bedroom w/ living-dining-kitchen), 2DK (2-bedroom w/ dining-kitchen), 3DK (3-bedroom w/ dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥59.7万/sqm (approx. $3,982/sqm or $370/sqft).
Location & Neighborhood
The property is located at Koganeishi Midorimachi 5 Choume 14-17 (小金井市緑町5丁目14-17), 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 40 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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