Overview of Neohaitsu Shinrinkouen A Tou (ネオハイツ森林公園Ａ棟)
Neohaitsu Shinrinkouen A Tou (ネオハイツ森林公園Ａ棟) is a 41-year-old condominium located at Owariasahi Shi Kitahara Yamachou Ookubo Ken 2030 (尾張旭市北原山町大久保見2030), Aichi, Japan. Built in 1985, it comprises 207 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Tekken Kensetsu (鉄建建設).
Pricing & Floor Plans
Based on 51 past listings, prices have ranged from 600〜1,550万円 (approx. $40,000–$103,333 USD at ¥150/$).
Unit sizes range from 62.2–81.7 sqm (670–879 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2LDK (2-bedroom w/ living-dining-kitchen), 4DK (4-bedroom w/ dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥11.9万/sqm (approx. $791/sqm or $73/sqft).
Location & Neighborhood
The property is located at Owariasahi Shi Kitahara Yamachou Ookubo Ken 2030 (尾張旭市北原山町大久保見2030), 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
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 41 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 207 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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