Overview of Gareriagurande (ガレリアグランデ)
Gareriagurande (ガレリアグランデ) is a 20-year-old condominium located at Koutouku Ariake 1 Choume 2-11 (江東区有明1丁目2-11), Tokyo, Japan. Built in 2006, it comprises 414 units in a Reinforced Concrete (RC) structure. It was constructed by Maeda Kensetsu Kougyou (前田建設工業).
Pricing & Floor Plans
Based on 606 past listings, prices have ranged from 3,480〜28,000万円 (approx. $232,000–$1,866,667 USD at ¥150/$).
Unit sizes range from 58.9–135.8 sqm (634–1462 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1SLDK (1-bedroom w/ living-dining-kitchen + service room), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 1SK (1-bedroom w/ kitchen + service room), 1LDK (1-bedroom w/ living-dining-kitchen), 1K (1-bedroom w/ kitchen).
Estimated price per sqm: ¥183.3万/sqm (approx. $12,223/sqm or $1,136/sqft).
Location & Neighborhood
The property is located at Koutouku Ariake 1 Choume 2-11 (江東区有明1丁目2-11), Tokyo, Japan. It is a 7-minute walk to the nearest station. This is considered good station access by Japanese standards.
Investment Perspective
Scale advantage: With 414 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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