Overview of Daiaparesu Banchou (ダイアパレス番町)
Daiaparesu Banchou (ダイアパレス番町) is a 25-year-old condominium located at Takamatsushi Banchou 1 Choume 2-10 (高松市番町1丁目2-10), Kagawa, Japan. Built in 2001, it comprises 26 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Gouda Koumuten (合田工務店).
Pricing & Floor Plans
Based on 9 past listings, prices have ranged from 2,490〜3,800万円 (approx. $166,000–$253,333 USD at ¥150/$).
Unit sizes range from 80.7–90.4 sqm (869–973 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥31.0万/sqm (approx. $2,066/sqm or $192/sqft).
Location & Neighborhood
The property is located at Takamatsushi Banchou 1 Choume 2-10 (高松市番町1丁目2-10), Kagawa, 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 25 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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