Overview of Ku Uwazumi Taku D Tou (駈上住宅Ｄ棟)
Ku Uwazumi Taku D Tou (駈上住宅Ｄ棟) is a 58-year-old condominium located at Nagoyashi Minamiku Ku Ue 1 Choume 2 (名古屋市南区駈上1丁目2), Aichi, Japan. Built in 1968, it comprises 264 units in a Reinforced Concrete (RC) structure. It was constructed by Nagoyashi Juutaku Kyoukyuu Kousha (名古屋市住宅供給公社).
Pricing & Floor Plans
Based on 10 past listings, prices have ranged from 380〜730万円 (approx. $25,333–$48,667 USD at ¥150/$).
Unit sizes range from 48.5–50.4 sqm (522–543 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3DK (3-bedroom w/ dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen).
Location & Neighborhood
The property is located at Nagoyashi Minamiku Ku Ue 1 Choume 2 (名古屋市南区駈上1丁目2), Aichi, Japan. It is a 2-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
Seismic standards: Built in 1968, this property predates Japan's 1981 New Seismic Design Standards (新耐震基準). Buildings constructed before June 1981 were built to older earthquake resistance codes. Buyers should consider seismic retrofit status.
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 58 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 264 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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