Overview of Serushiosukuea Nisshin (セルシオスクエア日進)
Serushiosukuea Nisshin (セルシオスクエア日進) is a 24-year-old condominium located at Nisshin Shi Sakae 4 Choume 701 , 801 (日進市栄4丁目701、801), Aichi, Japan. Built in 2002, it comprises 136 units in a Reinforced Concrete (RC) structure. It was constructed by Oobayashi Kumi (大林組).
Pricing & Floor Plans
Based on 14 past listings, prices have ranged from 2,150〜2,980万円 (approx. $143,333–$198,667 USD at ¥150/$).
Unit sizes range from 80.0–104.1 sqm (861–1121 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), 3SLDK (3-bedroom w/ living-dining-kitchen + service room), 4LDK (4-bedroom w/ living-dining-kitchen).
Location & Neighborhood
The property is located at Nisshin Shi Sakae 4 Choume 701 , 801 (日進市栄4丁目701、801), Aichi, Japan. It is a 10-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 24 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 136 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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