Overview of Senchurii Musashimurayama (センチュリー武蔵村山)
Senchurii Musashimurayama (センチュリー武蔵村山) is a 28-year-old condominium located at Musashimurayama Shi Jinmei 2 Choume 111-1 (武蔵村山市神明2丁目111-1), Tokyo, Japan. Built in 1998, it comprises 31 units in a Reinforced Concrete (RC) structure. It was constructed by Moriya Shoukai (守谷商会).
Pricing & Floor Plans
Based on 21 past listings, prices have ranged from 810〜1,380万円 (approx. $54,000–$92,000 USD at ¥150/$).
Unit sizes range from 60.6–68.8 sqm (652–741 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥18.6万/sqm (approx. $1,241/sqm or $115/sqft).
Location & Neighborhood
The property is located at Musashimurayama Shi Jinmei 2 Choume 111-1 (武蔵村山市神明2丁目111-1), Tokyo, Japan. It is a 20-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 28 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.