Overview of Chitta Ka Kiya 1 2 3 (チッタ加木屋１２３)
Chitta Ka Kiya 1 2 3 (チッタ加木屋１２３) is a 33-year-old condominium located at Toukaishi Ka Kiyamachi Toudai Hori 18-2 (東海市加木屋町東大堀18-2), Aichi, Japan. Built in 1993, it comprises 123 units in a Reinforced Concrete (RC) structure. It was constructed by Mitsuikensetsu , Sawada Koumuten (三井建設、 沢田工務店).
Pricing & Floor Plans
Based on 17 past listings, prices have ranged from 1,100〜1,890万円 (approx. $73,333–$126,000 USD at ¥150/$).
Unit sizes range from 67.8–85.4 sqm (730–919 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Location & Neighborhood
The property is located at Toukaishi Ka Kiyamachi Toudai Hori 18-2 (東海市加木屋町東大堀18-2), Aichi, Japan. It is a 13-minute walk to the nearest station. In Japan, station proximity significantly affects property values and daily convenience.
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 33 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 123 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.
Analyze this property's fair price and negotiation room for free at RE:public.