Overview of Rofutei Kiba Shiigaaden (ロフティ木場シーガーデン)
Rofutei Kiba Shiigaaden (ロフティ木場シーガーデン) is a 18-year-old condominium located at Nagoyashi Minatoku Kiba Machi 8-4 (名古屋市港区木場町8-4), Aichi, Japan. Built in 2008, it comprises 102 units in a Reinforced Concrete (RC) structure. It was constructed by Mugishima Kensetsu (麦島建設).
Pricing & Floor Plans
Based on 56 past listings, prices have ranged from 1,600〜2,780万円 (approx. $106,667–$185,333 USD at ¥150/$).
Unit sizes range from 83.7–100.0 sqm (901–1076 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 3SLDK (3-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥23.1万/sqm (approx. $1,538/sqm or $143/sqft).
Location & Neighborhood
The property is located at Nagoyashi Minatoku Kiba Machi 8-4 (名古屋市港区木場町8-4), Aichi, Japan. It is a 20-minute walk to the nearest station. In Japan, station proximity significantly affects property values and daily convenience.
Investment Perspective
Scale advantage: With 102 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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