Overview of Itoopia Ueda Manshon (イトーピア植田マンション)
Itoopia Ueda Manshon (イトーピア植田マンション) is a 41-year-old condominium located at Nagoyashi Tenhakuku Ueda Minami 2 Choume 110 (名古屋市天白区植田南2丁目110), Aichi, Japan. Built in 1985, it comprises 34 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Toda Kensetsu (戸田建設).
Pricing & Floor Plans
Based on 41 past listings, prices have ranged from 1,070〜2,590万円 (approx. $71,333–$172,667 USD at ¥150/$).
Unit sizes range from 66.1–71.6 sqm (711–771 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2LDK (2-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥31.1万/sqm (approx. $2,075/sqm or $193/sqft).
Location & Neighborhood
The property is located at Nagoyashi Tenhakuku Ueda Minami 2 Choume 110 (名古屋市天白区植田南2丁目110), 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 41 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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