Overview of Daiaparesu Kounan (ダイアパレス江南)
Daiaparesu Kounan (ダイアパレス江南) is a 36-year-old condominium located at Kounan Shi Hi Takamachi Izumi 137-3 (江南市飛高町泉137-3), Aichi, Japan. Built in 1990, it comprises 49 units in a Reinforced Concrete (RC) structure. It was constructed by Tekken Kensetsu (鉄建建設).
Pricing & Floor Plans
Based on 67 past listings, prices have ranged from 650〜1,580万円 (approx. $43,333–$105,333 USD at ¥150/$).
Unit sizes range from 59.2–105.3 sqm (637–1133 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1SLDK (1-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen), 3DK (3-bedroom w/ dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥15.2万/sqm (approx. $1,015/sqm or $94/sqft).
Location & Neighborhood
The property is located at Kounan Shi Hi Takamachi Izumi 137-3 (江南市飛高町泉137-3), Aichi, 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 36 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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