Overview of Touka Dai Paakuhiruzu Ni Ban Kan (桃花台パークヒルズ弐番館)
Touka Dai Paakuhiruzu Ni Ban Kan (桃花台パークヒルズ弐番館) is a 31-year-old condominium located at Komaki Shi Shiroyama 2 Choume 11 (小牧市城山2丁目11), Aichi, Japan. Built in 1995, it comprises 125 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Taiseikensetsu , Shimizukensetsu (大成建設、 清水建設).
Pricing & Floor Plans
Based on 52 past listings, prices have ranged from 580〜1,390万円 (approx. $38,667–$92,667 USD at ¥150/$).
Unit sizes range from 60.8–93.0 sqm (654–1001 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1LDK (1-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥10.4万/sqm (approx. $692/sqm or $64/sqft).
Location & Neighborhood
The property is located at Komaki Shi Shiroyama 2 Choume 11 (小牧市城山2丁目11), Aichi, Japan. It is a 63-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 31 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 125 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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