Overview of Hyuuman'airando Iwakura (ヒューマンアイランド岩倉)
Hyuuman'airando Iwakura (ヒューマンアイランド岩倉) is a 35-year-old condominium located at Iwakura Shi Shinryuu Machi 1 Choume 35-1 (岩倉市新柳町1丁目35-1), Aichi, Japan. Built in 1991, it comprises 298 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Dainippon Doboku (大日本土木).
Pricing & Floor Plans
Based on 139 past listings, prices have ranged from 1,100〜2,590万円 (approx. $73,333–$172,667 USD at ¥150/$).
Unit sizes range from 70.4–94.0 sqm (758–1012 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2SLDK (2-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), 2LDK (2-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥21.7万/sqm (approx. $1,445/sqm or $134/sqft).
Location & Neighborhood
The property is located at Iwakura Shi Shinryuu Machi 1 Choume 35-1 (岩倉市新柳町1丁目35-1), 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 35 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 298 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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