Overview of Uinberudeyuetto Higashimatsuyama Daini (ウインベルデュエット東松山第2)
Uinberudeyuetto Higashimatsuyama Daini (ウインベルデュエット東松山第2) is a 37-year-old condominium located at Higashimatsuyama Ichimatsu Ha Machi 2 Choume 2-9 (東松山市松葉町2丁目2-9), Saitama, Japan. Built in 1989, it comprises 24 units in a Reinforced Concrete (RC) structure. It was constructed by Kanchuu Kensetsu , Kawagoe Konkuriito Kougyou (関中建設、 川越コンクリート工業).
Pricing & Floor Plans
Based on 33 past listings, prices have ranged from 230〜465万円 (approx. $15,333–$31,000 USD at ¥150/$).
Unit sizes range from 26.8–30.6 sqm (288–329 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1K (1-bedroom w/ kitchen), 2K (2-bedroom w/ kitchen), 1R (Studio), 1DK (1-bedroom w/ dining-kitchen).
Estimated price per sqm: ¥11.0万/sqm (approx. $733/sqm or $68/sqft).
Location & Neighborhood
The property is located at Higashimatsuyama Ichimatsu Ha Machi 2 Choume 2-9 (東松山市松葉町2丁目2-9), Saitama, Japan. It is a 11-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 37 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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