Overview of Haitsu Koshigaya (ハイツ越谷)
Haitsu Koshigaya (ハイツ越谷) is a 42-year-old condominium located at Koshigaya Shi Kawara Sone 2 Choume 7-57 (越谷市瓦曽根2丁目7-57), Saitama, Japan. Built in 1984, it comprises 101 units in a Reinforced Concrete (RC) structure. It was constructed by Hasegawakoumuten (長谷川工務店).
Pricing & Floor Plans
Based on 48 past listings, prices have ranged from 1,080〜2,590万円 (approx. $72,000–$172,667 USD at ¥150/$).
Unit sizes range from 62.0–77.6 sqm (667–835 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), 2LDK (2-bedroom w/ living-dining-kitchen), 3SLDK (3-bedroom w/ living-dining-kitchen + service room).
Estimated price per sqm: ¥33.5万/sqm (approx. $2,237/sqm or $208/sqft).
Location & Neighborhood
The property is located at Koshigaya Shi Kawara Sone 2 Choume 7-57 (越谷市瓦曽根2丁目7-57), Saitama, 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 42 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 101 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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