Overview of Radiansu Nishiki (ラディアンス錦)
Radiansu Nishiki (ラディアンス錦) is a 23-year-old condominium located at Tsushima Shi Nishikichou 17 (津島市錦町17), Aichi, Japan. Built in 2003, it comprises 33 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Nakamura Kougyou (中村工業).
Pricing & Floor Plans
Based on 33 past listings, prices have ranged from 1,500〜2,698万円 (approx. $100,000–$179,867 USD at ¥150/$).
Unit sizes range from 76.5–96.5 sqm (823–1039 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3LDK (3-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥22.8万/sqm (approx. $1,519/sqm or $141/sqft).
Location & Neighborhood
The property is located at Tsushima Shi Nishikichou 17 (津島市錦町17), Aichi, Japan. It is a 1-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 23 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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