Overview of Touwa Chuuou Manshon (東和中央マンション)
Touwa Chuuou Manshon (東和中央マンション) is a 45-year-old condominium located at Adachiku Touwa 3 Choume 10-9 (足立区東和3丁目10-9), Tokyo, Japan. Built in 1981, it comprises 81 units in a Reinforced Concrete (RC) structure. It was constructed by Taiboku Kensetsu (大木建設).
Pricing & Floor Plans
Based on 64 past listings, prices have ranged from 1,080〜3,290万円 (approx. $72,000–$219,333 USD at ¥150/$).
Unit sizes range from 53.3–85.0 sqm (574–915 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), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 3SSSLDK (3SSSLDK), 1LDK (1-bedroom w/ living-dining-kitchen), 2DK (2-bedroom w/ dining-kitchen).
Estimated price per sqm: ¥37.2万/sqm (approx. $2,479/sqm or $230/sqft).
Location & Neighborhood
The property is located at Adachiku Touwa 3 Choume 10-9 (足立区東和3丁目10-9), Tokyo, Japan. It is a 15-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 45 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 81 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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