Overview of Moasuteeji Hino (モアステージ日野)
Moasuteeji Hino (モアステージ日野) is a 37-year-old condominium located at Hinoshi Hino 606 (日野市日野606), Tokyo, Japan. Built in 1989, it comprises 36 units in a Reinforced Concrete (RC) structure. It was constructed by Hase Kou Kooporeeshon (長谷工コーポレーション).
Pricing & Floor Plans
Based on 44 past listings, prices have ranged from 1,880〜3,180万円 (approx. $125,333–$212,000 USD at ¥150/$).
Unit sizes range from 78.9–119.2 sqm (849–1283 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 6LDK (6-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen), 4SLDK (4-bedroom w/ living-dining-kitchen + service room), 4LDK (4-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥30.3万/sqm (approx. $2,020/sqm or $188/sqft).
Location & Neighborhood
The property is located at Hinoshi Hino 606 (日野市日野606), Tokyo, Japan. It is a 7-minute walk to the nearest station. This is considered good station access by Japanese standards.
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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