Overview of Raionzugaaden Kasugai Higashino Machi (ライオンズガーデン春日井東野町)
Raionzugaaden Kasugai Higashino Machi (ライオンズガーデン春日井東野町) is a 27-year-old condominium located at Kasugai Shi Higashino Machi 10 Choume 17-1 (春日井市東野町10丁目17-1), Aichi, Japan. Built in 1999, it comprises 148 units in a Reinforced Concrete (RC) structure. It was constructed by Satou Kougyou (佐藤工業).
Pricing & Floor Plans
Based on 57 past listings, prices have ranged from 1,480〜2,598万円 (approx. $98,667–$173,200 USD at ¥150/$).
Unit sizes range from 70.6–88.5 sqm (760–953 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3LDK (3-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥30.1万/sqm (approx. $2,003/sqm or $186/sqft).
Location & Neighborhood
The property is located at Kasugai Shi Higashino Machi 10 Choume 17-1 (春日井市東野町10丁目17-1), Aichi, Japan. It is a 1-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 27 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 148 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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