Overview of Kingusukooto Toyoda Ikoma (キングスコート豊田生駒)
Kingusukooto Toyoda Ikoma (キングスコート豊田生駒) is a 34-year-old condominium located at Toyotashi Ikoma Machi 17-1 (豊田市生駒町17-1), Aichi, Japan. Built in 1992, it comprises 150 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Kumagaigumi (熊谷組).
Pricing & Floor Plans
Based on 128 past listings, prices have ranged from 680〜1,880万円 (approx. $45,333–$125,333 USD at ¥150/$).
Unit sizes range from 64.7–83.9 sqm (696–903 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1SLDK (1-bedroom w/ living-dining-kitchen + service room), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 1LDK (1-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥17.5万/sqm (approx. $1,169/sqm or $109/sqft).
Location & Neighborhood
The property is located at Toyotashi Ikoma Machi 17-1 (豊田市生駒町17-1), 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 34 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 150 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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