Overview of Daini Oofuna Paakutaun C Tou (第２大船パークタウンＣ棟)
Daini Oofuna Paakutaun C Tou (第２大船パークタウンＣ棟) is a 44-year-old condominium located at Yokohamashisakaeku Kasama 4 Choume 10 (横浜市栄区笠間4丁目10), Kanagawa, Japan. Built in 1982, it comprises 109 units in a Reinforced Concrete (RC) structure. It was constructed by Kumagaigumi (熊谷組).
Pricing & Floor Plans
Based on 35 past listings, prices have ranged from 1,770〜3,380万円 (approx. $118,000–$225,333 USD at ¥150/$).
Unit sizes range from 70.7–81.5 sqm (761–877 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 3SLDK (3-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥44.9万/sqm (approx. $2,995/sqm or $278/sqft).
Location & Neighborhood
The property is located at Yokohamashisakaeku Kasama 4 Choume 10 (横浜市栄区笠間4丁目10), Kanagawa, 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 44 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 109 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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