Overview of Daiaparesu Hiratsuka (ダイアパレス平塚)
Daiaparesu Hiratsuka (ダイアパレス平塚) is a 42-year-old condominium located at Hiratsukashi Tamura 2 Choume 3-12 (平塚市田村2丁目3-12), Kanagawa, Japan. Built in 1984, it comprises 105 units in a Reinforced Concrete (RC) structure. It was constructed by Toukyuu Kou Ken (東急工建).
Pricing & Floor Plans
Based on 40 past listings, prices have ranged from 780〜2,350万円 (approx. $52,000–$156,667 USD at ¥150/$).
Unit sizes range from 49.7–74.1 sqm (535–798 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), 2LDK (2-bedroom w/ living-dining-kitchen), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥22.7万/sqm (approx. $1,511/sqm or $140/sqft).
Location & Neighborhood
The property is located at Hiratsukashi Tamura 2 Choume 3-12 (平塚市田村2丁目3-12), Kanagawa, Japan. It is a 41-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 42 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 105 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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