Overview of Emuzushitei Ichinomiya (エムズシティ一宮)
Emuzushitei Ichinomiya (エムズシティ一宮) is a 22-year-old condominium located at Ichinomiya Shidai Kokorozashi 1 Choume 1-1 (一宮市大志1丁目1-1), Aichi, Japan. Built in 2004, it comprises 193 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Toda Kensetsu (戸田建設).
Pricing & Floor Plans
Price range: 情報なし.
Estimated price per sqm: ¥40.2万/sqm (approx. $2,681/sqm or $249/sqft).
Location & Neighborhood
The property is located at Ichinomiya Shidai Kokorozashi 1 Choume 1-1 (一宮市大志1丁目1-1), Aichi, Japan. It is a 6-minute walk to the nearest station. This is considered good station access by Japanese standards.
Investment Perspective
Scale advantage: With 193 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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