Overview of Shiteiterasu Nagoya Daikan Machi (シティテラス名古屋代官町)
Shiteiterasu Nagoya Daikan Machi (シティテラス名古屋代官町) is a 16-year-old condominium located at Nagoyashi Higashiku Daikan Machi 27-30 (名古屋市東区代官町27-30), Aichi, Japan. Built in 2010, it comprises 118 units in a Reinforced Concrete (RC) structure. It was constructed by Toukaikougyou (東海興業).
Pricing & Floor Plans
Based on 85 past listings, prices have ranged from 3,450〜7,500万円 (approx. $230,000–$500,000 USD at ¥150/$).
Unit sizes range from 70.8–102.4 sqm (762–1102 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), 3LDK (3-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 3SLDK (3-bedroom w/ living-dining-kitchen + service room).
Estimated price per sqm: ¥67.2万/sqm (approx. $4,478/sqm or $416/sqft).
Location & Neighborhood
The property is located at Nagoyashi Higashiku Daikan Machi 27-30 (名古屋市東区代官町27-30), Aichi, Japan. It is a 7-minute walk to the nearest station. This is considered good station access by Japanese standards.
Investment Perspective
Scale advantage: With 118 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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