Overview of Ariinashitei (アリーナシティ)
Ariinashitei (アリーナシティ) is a 16-year-old condominium located at Nagoyashi Minamiku Kikusumi 1 Choume 7-11 (名古屋市南区菊住1丁目7-11), Aichi, Japan. Built in 2010, it comprises 230 units in a Reinforced Concrete (RC) structure. It was constructed by Kashima Kensetsu (鹿島建設).
Pricing & Floor Plans
Based on 77 past listings, prices have ranged from 3,080〜6,200万円 (approx. $205,333–$413,333 USD at ¥150/$).
Unit sizes range from 76.2–115.2 sqm (820–1240 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3SSLDK (3-bedroom w/ living-dining-kitchen + service room), 4SLDK (4-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).
Estimated price per sqm: ¥55.6万/sqm (approx. $3,709/sqm or $345/sqft).
Location & Neighborhood
The property is located at Nagoyashi Minamiku Kikusumi 1 Choume 7-11 (名古屋市南区菊住1丁目7-11), Aichi, Japan. It is a 5-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
Scale advantage: With 230 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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