Overview of Nyuukoopo Handa Niban Kan (ニューコーポ半田二番館)
Nyuukoopo Handa Niban Kan (ニューコーポ半田二番館) is a 36-year-old condominium located at Handa Shi Yanabe Higashichou 1 Choume 80 (半田市岩滑東町1丁目80), Aichi, Japan. Built in 1990, it comprises 33 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Soga Kensetsu (曽我建設).
Pricing & Floor Plans
Based on 23 past listings, prices have ranged from 500〜1,490万円 (approx. $33,333–$99,333 USD at ¥150/$).
Unit sizes range from 76.0–85.7 sqm (818–922 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Location & Neighborhood
The property is located at Handa Shi Yanabe Higashichou 1 Choume 80 (半田市岩滑東町1丁目80), 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 36 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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