Overview of Piaasu Chiyoda Awajichou (ピアース千代田淡路町)
Piaasu Chiyoda Awajichou (ピアース千代田淡路町) is a 9-year-old condominium located at Chiyodaku Kandamitoshirochou 11-9 (千代田区神田美土代町11-9), Tokyo, Japan. Built in 2017, it comprises 72 units in a Reinforced Concrete (RC) structure. It was constructed by Morimoto Kumi (森本組).
Pricing & Floor Plans
Price range: 情報なし.
Estimated price per sqm: ¥269.2万/sqm (approx. $17,948/sqm or $1,667/sqft).
Location & Neighborhood
The property is located at Chiyodaku Kandamitoshirochou 11-9 (千代田区神田美土代町11-9), Tokyo, 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
Scale advantage: With 72 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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