Overview of Daiaparesu Ichinomiya Ekimae (ダイアパレス一宮駅前)
Daiaparesu Ichinomiya Ekimae (ダイアパレス一宮駅前) is a 28-year-old condominium located at Ichinomiya Shidai Miya 1 Choume 6-1 (一宮市大宮1丁目6-1), Aichi, Japan. Built in 1998, it comprises 38 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Toku Kura Kensetsu (徳倉建設).
Pricing & Floor Plans
Based on 18 past listings, prices have ranged from 1,400〜3,180万円 (approx. $93,333–$212,000 USD at ¥150/$).
Unit sizes range from 66.1–89.5 sqm (711–963 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).
Estimated price per sqm: ¥25.9万/sqm (approx. $1,723/sqm or $160/sqft).
Location & Neighborhood
The property is located at Ichinomiya Shidai Miya 1 Choume 6-1 (一宮市大宮1丁目6-1), Aichi, Japan. It is a 8-minute walk to the nearest station. This is considered good station access by Japanese standards.
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 28 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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