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Compare life extension, rebuilding and sales of condominiums

Let's think about the future of the condominium

Last update date April 24, 2024

What I want you to know about a condominium that has been built over 30 years old


Condominiums get tired

I am worried about aging

 Condominiums that have been built for about 30 years have exceeded the planned period of the original repair plan, and have undergone large-scale repairs about two times. It is time to be worried.

Repair costs are going to increase

 As in many cases the number of medical expenses increases with age, the cost of repairing condominiums will also increase. It is essential to properly review the reserve fund, and in addition to that, it is necessary to compare and consider whether this building will be used or rebuilt in the future while paying the repair costs that will rise.

If the maintenance is not performed well, it will not be possible to consider the future.

 The issue of money is important when considering whether to rebuild. When talking about the money, Residential Association needs to be able to maintain and manage the current apartment. If maintenance is not completed, the foundation for the study has not been established, making it difficult for the future prospects, and it may not be successful.

Compare longer life, rebuilding, and sales

Rebuilding costs a lot of money

 If the owner of a single-family house tries to rebuild, the condominium needs to be borne by the co-owner as if the owner of a single-family house tries to rebuild, the apartment must pay the entire amount themselves.
 The costs are mainly examination costs, design costs, demolition costs, construction costs, and temporary housing costs during construction.

Flow of comparative study


First of all, the right holders and residents exchange opinions

 At the time of study activities, it is necessary to coordinate common understanding among the division owners, so-called consensus building. For that purpose, it is ideal for all division owners to participate in the examination.
 In condominiums where the right holders and residents are not usually active, it is necessary to foster awareness of revitalizing and examining exchanges between right holders and residents through exchanges of opinions and study sessions on current issues.

City's support system: Condominium and housing complex

Reference page: Basic knowledge of rebuildingBasic knowledge of the sale of siteBasic knowledge of site division of housing complex

A comparative study requires specialized knowledge.

 If the participation of the residents spreads, we will conduct a comparative study whether to continue living or rebuild.
 The important items for comparative studies are how much money each and what will happen to the advantages and disadvantages of each.
 This requires specialized skills to calculate maintenance and repair costs, rebuilding costs, etc. For this reason, we contract with an expert who can consider these and request the creation of materials to be compared and examined.

City's support system: Condominium rehabilitation support (subsidy)

Points for consideration

Let's not stop repairs during consideration.

 Considering the future, there are apartments that stop repairs for reasons such as "may be rebuilt." However, at the comparative study stage, nothing has been decided yet, and if you continue to live as it is, there is a possibility that extra expenses will be incurred.
 Also, from the point of view of those who are worried about rebuilding, it may seem that things are progressing with rebuilding, and the resistance may increase.

Fairness and transparency are important for the central organization of comparative studies.

 There are a variety of ideas in the divisional owners. Organizations that compare the future of condominiums (such as the Residential Association and the Review Committee, which is a specialized subcommittee within the union) need to be repaired or rebuilt, but should proceed from a neutral standpoint.
 In addition, the contents of the study meeting and the information comparing repair and rebuilding should be actively disclosed and provided to all division owners, and let's work with the consciousness that all the division owners will decide the future.

It is important to promote consensus building and make decisions.

 If you calculate the cost and exchange opinions, it is desirable to take a resolution whether you continue to live or rebuild.
 If the examination is halfway, not only will the activities up to that point will be wasted, but the direction of future maintenance and management may remain unclear, resulting in excess expenditure and lack of repair .
 Let's make a solid conclusion and move the apartment to the next step.

Reference: Ministry of Land, Infrastructure, Transport and Tourism-Rebuilding and renovation of condominiums (outside site)

As a reference for consideration

Condominium Management and Regeneration
From page 45, there is a content about comparative study.

For inquiries to this page

Building Bureau Housing Department Housing Revitalization Division

Phone: 045-671-2954

Phone: 045-671-2954

Fax: 045-641-2756

Email address: kc-jutakusaisei@city.yokohama.jp

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Page ID: 467-718-762

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