Overview of Raifuhiruzu Sasa Ne 2 (ライフヒルズ笹根２)
Raifuhiruzu Sasa Ne 2 (ライフヒルズ笹根２) is a 36-year-old condominium located at Toukaishi Arao Machi Shita Oowaki 20-1 (東海市荒尾町下大脇20-1), Aichi, Japan. Built in 1990, it comprises 61 units in a Reinforced Concrete (RC) structure. It was constructed by Fuji Kensetsu , Shinnihonseitetsu (不二建設、 新日本製鐵).
Pricing & Floor Plans
Based on 25 past listings, prices have ranged from 990〜2,380万円 (approx. $66,000–$158,667 USD at ¥150/$).
Unit sizes range from 80.2–92.7 sqm (863–998 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 3SLDK (3-bedroom w/ living-dining-kitchen + service room), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥20.8万/sqm (approx. $1,386/sqm or $129/sqft).
Location & Neighborhood
The property is located at Toukaishi Arao Machi Shita Oowaki 20-1 (東海市荒尾町下大脇20-1), Aichi, Japan. It is a 30-minute walk to the nearest station. In Japan, station proximity significantly affects property values and daily convenience.
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 36 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 61 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.
Analyze this property's fair price and negotiation room for free at RE:public.