Overview of Kingusukooto Toyoda Nakada Ni Ban Kan (キングスコート豊田中田弐番館)
Kingusukooto Toyoda Nakada Ni Ban Kan (キングスコート豊田中田弐番館) is a 28-year-old condominium located at Toyotashi Chuudenchou Nishiyama 19-5 (豊田市中田町西山19-5), Aichi, Japan. Built in 1998, it comprises 102 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Nakamura Kougyou (中村工業).
Pricing & Floor Plans
Based on 59 past listings, prices have ranged from 1,080〜1,980万円 (approx. $72,000–$132,000 USD at ¥150/$).
Unit sizes range from 70.1–84.5 sqm (755–910 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1LDK (1-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen), 4DK (4-bedroom w/ dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen), 3DK (3-bedroom w/ dining-kitchen).
Estimated price per sqm: ¥17.0万/sqm (approx. $1,131/sqm or $105/sqft).
Location & Neighborhood
The property is located at Toyotashi Chuudenchou Nishiyama 19-5 (豊田市中田町西山19-5), Aichi, Japan. It is a 8-minute walk to the nearest station. This is considered good station access by Japanese standards.
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 28 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 102 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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