Overview of Raionzusuteeji Kariya (ライオンズステージ刈谷)
Raionzusuteeji Kariya (ライオンズステージ刈谷) is a 23-year-old condominium located at Kariyashi Shin'ei Machi 2 Choume 104 (刈谷市新栄町2丁目104), Aichi, Japan. Built in 2003, it comprises 85 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Kiuchi Kensetsu (木内建設).
Pricing & Floor Plans
Based on 49 past listings, prices have ranged from 1,980〜3,680万円 (approx. $132,000–$245,333 USD at ¥150/$).
Unit sizes range from 82.2–96.0 sqm (885–1033 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3LDK (3-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥31.0万/sqm (approx. $2,067/sqm or $192/sqft).
Location & Neighborhood
The property is located at Kariyashi Shin'ei Machi 2 Choume 104 (刈谷市新栄町2丁目104), Aichi, Japan. It is a 10-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 23 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 85 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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