Overview of Shin Kai Gurandohaitsuvanveeru (信開グランドハイツヴァンヴェール)
Shin Kai Gurandohaitsuvanveeru (信開グランドハイツヴァンヴェール) is a 39-year-old condominium located at Komatsu Shi Hakusanchou 140-7 (小松市白山町140-7), Ishikawa, Japan. Built in 1987, it comprises 29 units in a Reinforced Concrete (RC) structure.
Pricing & Floor Plans
Based on 27 past listings, prices have ranged from 150〜300万円 (approx. $10,000–$20,000 USD at ¥150/$).
Unit sizes range from 16.9–26.3 sqm (182–283 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1LDK (1-bedroom w/ living-dining-kitchen), 1K (1-bedroom w/ kitchen), 1R (Studio), 1DK (1-bedroom w/ dining-kitchen).
Estimated price per sqm: ¥8.4万/sqm (approx. $563/sqm or $52/sqft).
Location & Neighborhood
The property is located at Komatsu Shi Hakusanchou 140-7 (小松市白山町140-7), Ishikawa, 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 39 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.
Analyze this property's fair price and negotiation room for free at RE:public.