Overview of Koopu Nomura Suzuka (コープ野村鈴鹿)
Koopu Nomura Suzuka (コープ野村鈴鹿) is a 34-year-old condominium located at Suzuka Shichou Ta Asahimachi 4 Choume 6-20 (鈴鹿市長太旭町4丁目6-20), Mie, Japan. Built in 1992, it comprises 70 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Dainippon Doboku (大日本土木).
Pricing & Floor Plans
Based on 46 past listings, prices have ranged from 550〜1,399万円 (approx. $36,667–$93,267 USD at ¥150/$).
Unit sizes range from 73.5–89.7 sqm (791–966 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: ¥10.5万/sqm (approx. $698/sqm or $65/sqft).
Location & Neighborhood
The property is located at Suzuka Shichou Ta Asahimachi 4 Choume 6-20 (鈴鹿市長太旭町4丁目6-20), Mie, 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 34 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 70 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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