Overview of Daiichi Fuji Ke Oka Sanhaitsu (第１藤ヶ丘サンハイツ)
Daiichi Fuji Ke Oka Sanhaitsu (第１藤ヶ丘サンハイツ) is a 43-year-old condominium located at Nagakute Shijou Kawara 10-1 (長久手市上川原10-1), Aichi, Japan. Built in 1983, it comprises 47 units in a Reinforced Concrete (RC) structure. It was constructed by Ni Tsui Kensetsu (弐対建設).
Pricing & Floor Plans
Based on 16 past listings, prices have ranged from 530〜1,380万円 (approx. $35,333–$92,000 USD at ¥150/$).
Unit sizes range from 54.8–85.0 sqm (590–915 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), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥18.6万/sqm (approx. $1,237/sqm or $115/sqft).
Location & Neighborhood
The property is located at Nagakute Shijou Kawara 10-1 (長久手市上川原10-1), Aichi, Japan. It is a 15-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 43 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
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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