Overview of Aishitei Shin'ei (アイシティ真栄)
Aishitei Shin'ei (アイシティ真栄) is a 33-year-old condominium located at Sapporoshi Kiyoda Ku Shin'ei Ichijou 1 Choume 4-27 (札幌市清田区真栄一条1丁目4-27), Hokkaido, Japan. Built in 1993, it comprises 24 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Nihonkokudokaihatsu , Satou (日本国土開発、 佐藤).
Pricing & Floor Plans
Based on 49 past listings, prices have ranged from 880〜1,899万円 (approx. $58,667–$126,600 USD at ¥150/$).
Unit sizes range from 67.2–88.0 sqm (723–947 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: ¥21.9万/sqm (approx. $1,461/sqm or $136/sqft).
Location & Neighborhood
The property is located at Sapporoshi Kiyoda Ku Shin'ei Ichijou 1 Choume 4-27 (札幌市清田区真栄一条1丁目4-27), Hokkaido, Japan. It is a 4-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 33 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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