Overview of Toppu Tsurumi (トップ鶴見)
Toppu Tsurumi (トップ鶴見) is a 41-year-old condominium located at Yokohamashitsurumiku Tsurumi Chuuou 1 Choume 24-11 (横浜市鶴見区鶴見中央1丁目24-11), Kanagawa, Japan. Built in 1985, it comprises 38 units in a Reinforced Concrete (RC) structure. It was constructed by Keiou Kensetsu (京王建設).
Pricing & Floor Plans
Based on 45 past listings, prices have ranged from 550〜1,090万円 (approx. $36,667–$72,667 USD at ¥150/$).
Unit sizes range from 12.7–21.1 sqm (137–227 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1K (1-bedroom w/ kitchen), 1R (Studio).
Estimated price per sqm: ¥45.8万/sqm (approx. $3,053/sqm or $284/sqft).
Location & Neighborhood
The property is located at Yokohamashitsurumiku Tsurumi Chuuou 1 Choume 24-11 (横浜市鶴見区鶴見中央1丁目24-11), Kanagawa, Japan. It is a 3-minute walk to the nearest station. This is considered excellent station access in Japan, where most daily errands are done on foot or by train.
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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