Overview of Somiyuuru Hibino (ソミユール日比野)
Somiyuuru Hibino (ソミユール日比野) is a 42-year-old condominium located at Aisai Ichibi Chi Machiyama No Ike 24 (愛西市日置町山の池24), Aichi, Japan. Built in 1984, it comprises 24 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Dai Matsu Kensetsu Nagoyashiten (大末建設名古屋支店).
Pricing & Floor Plans
Based on 19 past listings, prices have ranged from 680〜1,080万円 (approx. $45,333–$72,000 USD at ¥150/$).
Unit sizes range from 68.6–78.8 sqm (738–848 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: ¥9.1万/sqm (approx. $606/sqm or $56/sqft).
Location & Neighborhood
The property is located at Aisai Ichibi Chi Machiyama No Ike 24 (愛西市日置町山の池24), Aichi, Japan. It is a 9-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 42 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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