Overview of Rabidensu Tatsumi Ke Oka (ラビデンス巽ケ丘)
Rabidensu Tatsumi Ke Oka (ラビデンス巽ケ丘) is a 29-year-old condominium located at Chitashi Hachiman Handa Michi 37-5 (知多市八幡半田道37-5), Aichi, Japan. Built in 1997, it comprises 30 units in a Reinforced Concrete (RC) structure. It was constructed by Matsumura Kumi (松村組).
Pricing & Floor Plans
Based on 25 past listings, prices have ranged from 980〜1,600万円 (approx. $65,333–$106,667 USD at ¥150/$).
Unit sizes range from 67.5–83.5 sqm (727–899 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥14.7万/sqm (approx. $982/sqm or $91/sqft).
Location & Neighborhood
The property is located at Chitashi Hachiman Handa Michi 37-5 (知多市八幡半田道37-5), Aichi, Japan. It is a 6-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 29 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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