Overview of Saera 1 4 Th (サエラ１４th)
Saera 1 4 Th (サエラ１４th) is a 35-year-old condominium located at Ama Shi Shippou Machi Shita Yuki Morikawa Hara 108 (あま市七宝町下之森河原108), Aichi, Japan. Built in 1991, it comprises 62 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Meikou Kensetsu (名工建設).
Pricing & Floor Plans
Based on 20 past listings, prices have ranged from 780〜1,480万円 (approx. $52,000–$98,667 USD at ¥150/$).
Unit sizes range from 67.5–92.5 sqm (727–996 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: ¥14.9万/sqm (approx. $995/sqm or $92/sqft).
Location & Neighborhood
The property is located at Ama Shi Shippou Machi Shita Yuki Morikawa Hara 108 (あま市七宝町下之森河原108), Aichi, Japan. It is a 22-minute walk to the nearest station. In Japan, station proximity significantly affects property values and daily convenience.
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 35 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 62 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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