Overview of Shatore Ai Matsu Handa 3 (シャトレ愛松半田3)
Shatore Ai Matsu Handa 3 (シャトレ愛松半田3) is a 23-year-old condominium located at Handa Shi Asahimachi 2 Choume 72 (半田市旭町2丁目72), Aichi, Japan. Built in 2003, it comprises 45 units in a Reinforced Concrete (RC) structure. It was constructed by Iwabe Kensetsu (岩部建設).
Pricing & Floor Plans
Based on 47 past listings, prices have ranged from 980〜1,999万円 (approx. $65,333–$133,267 USD at ¥150/$).
Unit sizes range from 72.5–100.4 sqm (780–1081 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), 3SLDK (3-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥18.9万/sqm (approx. $1,260/sqm or $117/sqft).
Location & Neighborhood
The property is located at Handa Shi Asahimachi 2 Choume 72 (半田市旭町2丁目72), 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 23 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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