Overview of Roiyaru Toyoake (ロイヤル豊明)
Roiyaru Toyoake (ロイヤル豊明) is a 30-year-old condominium located at Toyoake Shi Kan Komemachi Kan Kome 133-1 (豊明市間米町間米133-1), Aichi, Japan. Built in 1996, it comprises 30 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Meikou Kensetsu (名工建設).
Pricing & Floor Plans
Based on 6 past listings, prices have ranged from 1,150〜1,550万円 (approx. $76,667–$103,333 USD at ¥150/$).
Unit sizes range from 76.5–85.0 sqm (823–915 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3LDK (3-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen).
Location & Neighborhood
The property is located at Toyoake Shi Kan Komemachi Kan Kome 133-1 (豊明市間米町間米133-1), Aichi, Japan. It is a 25-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 30 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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