Overview of Jinguu Haitsu (神宮ハイツ)
Jinguu Haitsu (神宮ハイツ) is a 35-year-old condominium located at Nagoyashi Atsuta Ku Sanbonmatsu Machi 5-27 (名古屋市熱田区三本松町5-27), Aichi, Japan. Built in 1991, it comprises 21 units in a Reinforced Concrete (RC) structure. It was constructed by Gun Kai Kensetsu Kougyou (郡界建設工業).
Pricing & Floor Plans
Based on 11 past listings, prices have ranged from 1,450〜2,980万円 (approx. $96,667–$198,667 USD at ¥150/$).
Unit sizes range from 69.7–83.7 sqm (750–901 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), 2LDK (2-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥33.8万/sqm (approx. $2,254/sqm or $209/sqft).
Location & Neighborhood
The property is located at Nagoyashi Atsuta Ku Sanbonmatsu Machi 5-27 (名古屋市熱田区三本松町5-27), Aichi, Japan. It is a 4-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 35 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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