Overview of Meitsu Handa Nariiwa (メイツ半田成岩)
Meitsu Handa Nariiwa (メイツ半田成岩) is a 19-year-old condominium located at Handa Shi Sakaemachi 4 Choume 15-1 (半田市栄町4丁目15-1), Aichi, Japan. Built in 2007, it comprises 65 units in a Reinforced Concrete (RC) structure. It was constructed by Tekken Kensetsu (鉄建建設).
Pricing & Floor Plans
Based on 25 past listings, prices have ranged from 1,750〜2,550万円 (approx. $116,667–$170,000 USD at ¥150/$).
Unit sizes range from 74.3–96.1 sqm (800–1034 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Location & Neighborhood
The property is located at Handa Shi Sakaemachi 4 Choume 15-1 (半田市栄町4丁目15-1), Aichi, Japan. It is a 5-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
Scale advantage: With 65 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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