Overview of Shiteitawaa Matsuyama (シティタワー松山)
Shiteitawaa Matsuyama (シティタワー松山) is a 21-year-old condominium located at Matsuyamashi Sanbanchou 5-19 (松山市三番町5-19), Ehime, Japan. Built in 2005, it comprises 102 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Asanuma Kumi (淺沼組).
Pricing & Floor Plans
Based on 45 past listings, prices have ranged from 2,550〜4,980万円 (approx. $170,000–$332,000 USD at ¥150/$).
Unit sizes range from 61.2–95.7 sqm (659–1030 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), 1R (Studio), 3LDK (3-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥43.4万/sqm (approx. $2,892/sqm or $269/sqft).
Location & Neighborhood
The property is located at Matsuyamashi Sanbanchou 5-19 (松山市三番町5-19), Ehime, Japan. It is a 4-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 102 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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