Overview of Za・shiin Tokugawa Sono (ザ・シーン徳川園)
Za・shiin Tokugawa Sono (ザ・シーン徳川園) is a 36-year-old condominium located at Nagoyashi Higashiku Dekimachi 2 Choume 8-8 (名古屋市東区出来町2丁目8-8), Aichi, Japan. Built in 1990, it comprises 157 units in a Reinforced Concrete (RC) structure. It was constructed by Kashima Kensetsu (鹿島建設).
Pricing & Floor Plans
Based on 144 past listings, prices have ranged from 1,680〜14,800万円 (approx. $112,000–$986,667 USD at ¥150/$).
Unit sizes range from 63.0–276.2 sqm (678–2973 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 1LDK (1-bedroom w/ living-dining-kitchen), 4SLDK (4-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥37.1万/sqm (approx. $2,477/sqm or $230/sqft).
Location & Neighborhood
The property is located at Nagoyashi Higashiku Dekimachi 2 Choume 8-8 (名古屋市東区出来町2丁目8-8), Aichi, Japan. It is a 6-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 36 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 157 units, this is a relatively large condominium. Larger buildings typically benefit from lower per-unit maintenance and repair reserve costs.
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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