Overview of Daiaparesusuteeshonpuraza Hara (ダイアパレスステーションプラザ原)
Daiaparesusuteeshonpuraza Hara (ダイアパレスステーションプラザ原) is a 30-year-old condominium located at Nagoyashi Tenhakuku Hara 2 Choume 804 (名古屋市天白区原2丁目804), Aichi, Japan. Built in 1996, it comprises 32 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Nishimatsu Kensetsu (西松建設).
Pricing & Floor Plans
Based on 16 past listings, prices have ranged from 1,950〜3,480万円 (approx. $130,000–$232,000 USD at ¥150/$).
Unit sizes range from 72.8–83.5 sqm (784–899 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2SLDK (2-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: ¥36.2万/sqm (approx. $2,412/sqm or $224/sqft).
Location & Neighborhood
The property is located at Nagoyashi Tenhakuku Hara 2 Choume 804 (名古屋市天白区原2丁目804), Aichi, Japan. It is a 4-minute walk to the nearest station. This is considered excellent station access in Japan, where most daily errands are done on foot or by train.
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 30 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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