Overview of Daiaparesu Takada Ni Ban Kan (ダイアパレス高田弐番館)
Daiaparesu Takada Ni Ban Kan (ダイアパレス高田弐番館) is a 34-year-old condominium located at Jouetsushi Honchou 3 Choume 3-3 (上越市本町3丁目3-3), Niigata, Japan. Built in 1992, it comprises 69 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Uchiyama Kumi (内山組).
Pricing & Floor Plans
Based on 52 past listings, prices have ranged from 198〜850万円 (approx. $13,200–$56,667 USD at ¥150/$).
Unit sizes range from 21.3–65.8 sqm (229–708 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1K (1-bedroom w/ kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 1DK (1-bedroom w/ dining-kitchen).
Estimated price per sqm: ¥11.8万/sqm (approx. $788/sqm or $73/sqft).
Location & Neighborhood
The property is located at Jouetsushi Honchou 3 Choume 3-3 (上越市本町3丁目3-3), Niigata, Japan. It is a 11-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 34 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 69 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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