Overview of Meria (メリア)
Meria (メリア) is a 21-year-old condominium located at Nagoyashi Kitaku Onoe Machi 1-4 (名古屋市北区尾上町1-4), Aichi, Japan. Built in 2005, it comprises 320 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Oobayashi Kumi (大林組).
Pricing & Floor Plans
Based on 95 past listings, prices have ranged from 2,270〜5,120万円 (approx. $151,333–$341,333 USD at ¥150/$).
Unit sizes range from 70.5–117.3 sqm (759–1263 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4SLDK (4-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥40.7万/sqm (approx. $2,715/sqm or $252/sqft).
Location & Neighborhood
The property is located at Nagoyashi Kitaku Onoe Machi 1-4 (名古屋市北区尾上町1-4), Aichi, Japan. It is a 8-minute walk to the nearest station. This is considered good station access by Japanese standards.
Investment Perspective
Scale advantage: With 320 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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