Overview of Aabanhiruzu Hamura (アーバンヒルズ羽村)
Aabanhiruzu Hamura (アーバンヒルズ羽村) is a 35-year-old condominium located at Hamura Shi Jinmei Dai 1 Choume 32-11 (羽村市神明台1丁目32-11), Tokyo, Japan. Built in 1991, it comprises 17 units in a Reinforced Concrete (RC) structure. It was constructed by Sakura Wa Kensetsu (桜和建設).
Pricing & Floor Plans
Based on 16 past listings, prices have ranged from 590〜1,599万円 (approx. $39,333–$106,600 USD at ¥150/$).
Unit sizes range from 35.7–59.2 sqm (384–637 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1LDK (1-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 2DK (2-bedroom w/ dining-kitchen), 1DK (1-bedroom w/ dining-kitchen).
Location & Neighborhood
The property is located at Hamura Shi Jinmei Dai 1 Choume 32-11 (羽村市神明台1丁目32-11), Tokyo, Japan. It is a 10-minute walk to the nearest station. This is considered good station access by Japanese standards.
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 35 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.
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