Overview of Nyuukoopo Taishi (ニューコーポ太子)
Nyuukoopo Taishi (ニューコーポ太子) is a 36-year-old condominium located at Nagoyashi Midoriku Taishi 3 Choume 20 (名古屋市緑区太子3丁目20), Aichi, Japan. Built in 1990, it comprises 16 units in a Reinforced Concrete (RC) structure. It was constructed by Soga Kensetsu (曽我建設).
Pricing & Floor Plans
Based on 23 past listings, prices have ranged from 1,080〜1,780万円 (approx. $72,000–$118,667 USD at ¥150/$).
Unit sizes range from 80.3–93.1 sqm (864–1002 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 4SLDK (4-bedroom w/ living-dining-kitchen + service room), 3SLDK (3-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥17.8万/sqm (approx. $1,188/sqm or $110/sqft).
Location & Neighborhood
The property is located at Nagoyashi Midoriku Taishi 3 Choume 20 (名古屋市緑区太子3丁目20), Aichi, Japan. It is a 7-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 36 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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