Overview of Sanpaaku Manba Kouen (サンパーク万場公園)
Sanpaaku Manba Kouen (サンパーク万場公園) is a 37-year-old condominium located at Kaifu Gun Daiji Machi Kama Suga Goumae 16-1 (海部郡大治町鎌須賀郷前16-1), Aichi, Japan. Built in 1989, it comprises 109 units in a Reinforced Concrete (RC) structure. It was constructed by Shimizukensetsu (清水建設).
Pricing & Floor Plans
Based on 55 past listings, prices have ranged from 449〜2,180万円 (approx. $29,933–$145,333 USD at ¥150/$).
Unit sizes range from 57.5–71.8 sqm (619–773 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 5DK (5-bedroom w/ dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥15.1万/sqm (approx. $1,004/sqm or $93/sqft).
Location & Neighborhood
The property is located at Kaifu Gun Daiji Machi Kama Suga Goumae 16-1 (海部郡大治町鎌須賀郷前16-1), Aichi, Japan. It is a 41-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 37 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 109 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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