Overview of Sou En Kounan (荘苑江南)
Sou En Kounan (荘苑江南) is a 35-year-old condominium located at Kounan Ichiko Chino Machi Sugiyama 102-1 (江南市古知野町杉山102-1), Aichi, Japan. Built in 1991, it comprises 45 units in a Reinforced Concrete (RC) structure. It was constructed by Yasui Kensetsu (安井建設).
Pricing & Floor Plans
Based on 58 past listings, prices have ranged from 850〜1,580万円 (approx. $56,667–$105,333 USD at ¥150/$).
Unit sizes range from 66.2–100.8 sqm (713–1085 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥16.9万/sqm (approx. $1,127/sqm or $105/sqft).
Location & Neighborhood
The property is located at Kounan Ichiko Chino Machi Sugiyama 102-1 (江南市古知野町杉山102-1), Aichi, Japan. It is a 5-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
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.
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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