Overview of Shakujiikouen Himikomanshon (石神井公園ヒミコマンション)
Shakujiikouen Himikomanshon (石神井公園ヒミコマンション) is a 44-year-old condominium located at Nerimaku Mihara Dai 2 Choume 18-7 (練馬区三原台2丁目18-7), Tokyo, Japan. Built in 1982, it comprises 93 units in a Reinforced Concrete (RC) structure. It was constructed by Kikoo Kensetsu (キコー建設).
Pricing & Floor Plans
Based on 69 past listings, prices have ranged from 1,580〜3,290万円 (approx. $105,333–$219,333 USD at ¥150/$).
Unit sizes range from 55.7–59.2 sqm (600–637 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), 3LDK (3-bedroom w/ living-dining-kitchen), 3DK (3-bedroom w/ dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥51.5万/sqm (approx. $3,431/sqm or $319/sqft).
Location & Neighborhood
The property is located at Nerimaku Mihara Dai 2 Choume 18-7 (練馬区三原台2丁目18-7), Tokyo, Japan. It is a 17-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 93 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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