Overview of T Suteeji Suigen Kouen (Ｔステージ水源公園)
T Suteeji Suigen Kouen (Ｔステージ水源公園) is a 27-year-old condominium located at Toyotashi Suigen Machi 6 Choume 1-65 (豊田市水源町6丁目1-65), Aichi, Japan. Built in 1999, it comprises 38 units in a Reinforced Concrete (RC) structure. It was constructed by Asanuma Kumi (淺沼組).
Pricing & Floor Plans
Based on 27 past listings, prices have ranged from 1,499〜2,099万円 (approx. $99,933–$139,933 USD at ¥150/$).
Unit sizes range from 76.8–91.3 sqm (827–983 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4SLDK (4-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 3SLDK (3-bedroom w/ living-dining-kitchen + service room).
Estimated price per sqm: ¥21.1万/sqm (approx. $1,409/sqm or $131/sqft).
Location & Neighborhood
The property is located at Toyotashi Suigen Machi 6 Choume 1-65 (豊田市水源町6丁目1-65), Aichi, Japan. It is a 33-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 27 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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