Overview of Shatoo Asayama (シャトー浅山)
Shatoo Asayama (シャトー浅山) is a 41-year-old condominium located at Kasugai Shi Asayama Machi 2 Choume 1-31 (春日井市浅山町2丁目1-31), Aichi, Japan. Built in 1985, it comprises 72 units in a Reinforced Concrete (RC) structure. It was constructed by Nissan Kensetsu (日産建設).
Pricing & Floor Plans
Based on 23 past listings, prices have ranged from 690〜2,180万円 (approx. $46,000–$145,333 USD at ¥150/$).
Unit sizes range from 77.2–89.8 sqm (831–967 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), 5LDK (5-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥22.6万/sqm (approx. $1,509/sqm or $140/sqft).
Location & Neighborhood
The property is located at Kasugai Shi Asayama Machi 2 Choume 1-31 (春日井市浅山町2丁目1-31), Aichi, Japan. It is a 22-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 41 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 72 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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