Overview of Supekutoru Tougou Kitayama Dai (スペクトル東郷北山台)
Supekutoru Tougou Kitayama Dai (スペクトル東郷北山台) is a 25-year-old condominium located at Aichi Gun Tougou Machi Kitayama Dai 4 Choume 10-14 (愛知郡東郷町北山台4丁目10-14), Aichi, Japan. Built in 2001, it comprises 101 units in a Reinforced Concrete (RC) structure. It was constructed by Fujita (フジタ).
Pricing & Floor Plans
Price range: 情報なし.
Estimated price per sqm: ¥19.4万/sqm (approx. $1,293/sqm or $120/sqft).
Location & Neighborhood
The property is located at Aichi Gun Tougou Machi Kitayama Dai 4 Choume 10-14 (愛知郡東郷町北山台4丁目10-14), Aichi, Japan. It is a 46-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 25 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 101 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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