Overview of Supekutoru Asahimachi Ni Ban Kan (スペクトル旭町弐番館)
Supekutoru Asahimachi Ni Ban Kan (スペクトル旭町弐番館) is a 27-year-old condominium located at Handa Shi Asahimachi 5 Choume 3-1 (半田市旭町5丁目3-1), Aichi, Japan. Built in 1999, it comprises 53 units in a Reinforced Concrete (RC) structure. It was constructed by Ooi Kensetsu (大井建設).
Pricing & Floor Plans
Based on 15 past listings, prices have ranged from 1,150〜1,850万円 (approx. $76,667–$123,333 USD at ¥150/$).
Unit sizes range from 92.0–104.4 sqm (990–1124 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1LDK (1-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).
Location & Neighborhood
The property is located at Handa Shi Asahimachi 5 Choume 3-1 (半田市旭町5丁目3-1), 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 27 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 53 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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