Overview of Shatoo Handa (シャトー半田)
Shatoo Handa (シャトー半田) is a 34-year-old condominium located at Handa Shichuu Uma Machi 3-3 (半田市中午町3-3), Aichi, Japan. Built in 1992, it comprises 64 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Touyou Kensetsu (東洋建設).
Pricing & Floor Plans
Based on 45 past listings, prices have ranged from 580〜1,280万円 (approx. $38,667–$85,333 USD at ¥150/$).
Unit sizes range from 74.3–84.1 sqm (800–905 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3LDK (3-bedroom w/ living-dining-kitchen), 3SLDK (3-bedroom w/ living-dining-kitchen + service room), 4LDK (4-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥12.3万/sqm (approx. $817/sqm or $76/sqft).
Location & Neighborhood
The property is located at Handa Shichuu Uma Machi 3-3 (半田市中午町3-3), Aichi, Japan. It is a 17-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 34 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 64 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.
Analyze this property's fair price and negotiation room for free at RE:public.