Overview of Guriinpaaku Maeda (グリーンパーク前田)
Guriinpaaku Maeda (グリーンパーク前田) is a 42-year-old condominium located at Toyohashishi Maeda Machi 1 Choume 6-8 (豊橋市前田町1丁目6-8), Aichi, Japan. Built in 1984, it comprises 19 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Ono Koumuten (小野工務店).
Pricing & Floor Plans
Based on 14 past listings, prices have ranged from 790〜1,750万円 (approx. $52,667–$116,667 USD at ¥150/$).
Unit sizes range from 78.2–79.0 sqm (842–850 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Location & Neighborhood
The property is located at Toyohashishi Maeda Machi 1 Choume 6-8 (豊橋市前田町1丁目6-8), Aichi, Japan. It is a 9-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 42 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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