Overview of Tamagawajousui Esuteeto Oominami Kouen (玉川上水エステート大南公園)
Tamagawajousui Esuteeto Oominami Kouen (玉川上水エステート大南公園) is a 39-year-old condominium located at Musashimurayama Shidai Minami 4 Choume 21-1-1 , 31 (武蔵村山市大南4丁目21-1-1、31), Tokyo, Japan. Built in 1987, it comprises 88 units in a Reinforced Concrete (RC) structure. It was constructed by Mitsui Purekon (三井プレコン).
Pricing & Floor Plans
Based on 39 past listings, prices have ranged from 1,180〜2,790万円 (approx. $78,667–$186,000 USD at ¥150/$).
Unit sizes range from 61.0–116.2 sqm (657–1251 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3DK (3-bedroom w/ dining-kitchen), 5LDK (5-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥28.9万/sqm (approx. $1,927/sqm or $179/sqft).
Location & Neighborhood
The property is located at Musashimurayama Shidai Minami 4 Choume 21-1-1 , 31 (武蔵村山市大南4丁目21-1-1、31), Tokyo, Japan. It is a 12-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 39 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 88 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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