Overview of Puraimugaaden Nisshin Ichiban Kan (プライムガーデン日進壱番館)
Puraimugaaden Nisshin Ichiban Kan (プライムガーデン日進壱番館) is a 27-year-old condominium located at Nisshin Shi Sakae 2 Choume 1001 (日進市栄2丁目1001), Aichi, Japan. Built in 1999, it comprises 134 units in a Reinforced Concrete (RC) structure. It was constructed by Mitsuikensetsu (三井建設).
Pricing & Floor Plans
Based on 24 past listings, prices have ranged from 1,780〜2,480万円 (approx. $118,667–$165,333 USD at ¥150/$).
Unit sizes range from 77.5–81.9 sqm (834–882 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3LDK (3-bedroom w/ living-dining-kitchen), 3SLDK (3-bedroom w/ living-dining-kitchen + service room), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 4LDK (4-bedroom w/ living-dining-kitchen).
Location & Neighborhood
The property is located at Nisshin Shi Sakae 2 Choume 1001 (日進市栄2丁目1001), Aichi, Japan. It is a 1-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 27 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 134 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.