Overview of Riidensusukuea Hatta (リーデンススクエア八田)
Riidensusukuea Hatta (リーデンススクエア八田) is a 20-year-old condominium located at Nagoyashi Nakamuraku Iwatsuka Machi Ichiriyama 1-7 (名古屋市中村区岩塚町一里山1-7), Aichi, Japan. Built in 2006, it comprises 137 units in a Reinforced Concrete (RC) structure. It was constructed by Hase Kou Kooporeeshon (長谷工コーポレーション).
Pricing & Floor Plans
Based on 66 past listings, prices have ranged from 1,980〜3,480万円 (approx. $132,000–$232,000 USD at ¥150/$).
Unit sizes range from 79.6–106.8 sqm (857–1150 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen), 3SLDK (3-bedroom w/ living-dining-kitchen + service room), 4SSLDK (4-bedroom w/ living-dining-kitchen + service room).
Estimated price per sqm: ¥31.5万/sqm (approx. $2,101/sqm or $195/sqft).
Location & Neighborhood
The property is located at Nagoyashi Nakamuraku Iwatsuka Machi Ichiriyama 1-7 (名古屋市中村区岩塚町一里山1-7), Aichi, Japan. It is a 15-minute walk to the nearest station. In Japan, station proximity significantly affects property values and daily convenience.
Investment Perspective
Scale advantage: With 137 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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