Overview of Gurooriasu Kasugai Degawa Machi (グローリアス春日井出川町)
Gurooriasu Kasugai Degawa Machi (グローリアス春日井出川町) is a 29-year-old condominium located at Kasugai Shi Degawa Machi 5 Choume 9-7 (春日井市出川町5丁目9-7), Aichi, Japan. Built in 1997, it comprises 17 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Chizaki Kougyou (地崎工業).
Pricing & Floor Plans
Based on 7 past listings, prices have ranged from 1,380〜1,790万円 (approx. $92,000–$119,333 USD at ¥150/$).
Unit sizes range from 75.7–76.5 sqm (815–823 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4DK (4-bedroom w/ dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen).
Location & Neighborhood
The property is located at Kasugai Shi Degawa Machi 5 Choume 9-7 (春日井市出川町5丁目9-7), Aichi, Japan. It is a 22-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 29 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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