Overview of Paakuhaimu Kokubunji (パークハイム国分寺)
Paakuhaimu Kokubunji (パークハイム国分寺) is a 35-year-old condominium located at Kokubunjishi Honda 5 Choume 20-11 (国分寺市本多5丁目20-11), Tokyo, Japan. Built in 1991, it comprises 25 units in a Reinforced Concrete (RC) structure. It was constructed by Oobayashi Kumi (大林組).
Pricing & Floor Plans
Based on 18 past listings, prices have ranged from 2,380〜4,600万円 (approx. $158,667–$306,667 USD at ¥150/$).
Unit sizes range from 62.2–82.5 sqm (670–888 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2LDK (2-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥57.6万/sqm (approx. $3,839/sqm or $357/sqft).
Location & Neighborhood
The property is located at Kokubunjishi Honda 5 Choume 20-11 (国分寺市本多5丁目20-11), Tokyo, Japan. It is a 13-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 35 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.
Analyze this property's fair price and negotiation room for free at RE:public.