Overview of Tookanmanshon Miyamaedaira (トーカンマンション宮前平)
Tookanmanshon Miyamaedaira (トーカンマンション宮前平) is a 41-year-old condominium located at Kawasakishi Miyamaeku Kamiki Honchou 5 Choume 4-2 (川崎市宮前区神木本町5丁目4-2), Kanagawa, Japan. Built in 1985, it comprises 48 units in a Reinforced Concrete (RC) structure. It was constructed by Tatsumura Kumi (辰村組).
Pricing & Floor Plans
Based on 14 past listings, prices have ranged from 1,380〜2,290万円 (approx. $92,000–$152,667 USD at ¥150/$).
Unit sizes range from 63.5–74.9 sqm (684–806 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥30.3万/sqm (approx. $2,019/sqm or $188/sqft).
Location & Neighborhood
The property is located at Kawasakishi Miyamaeku Kamiki Honchou 5 Choume 4-2 (川崎市宮前区神木本町5丁目4-2), Kanagawa, Japan. It is a 16-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 41 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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