Overview of Puriooru Handa (プリオール半田)
Puriooru Handa (プリオール半田) is a 25-year-old condominium located at Handa Shi Yanabe Nakamachi 4 Choume 182-2 (半田市岩滑中町4丁目182-2), Aichi, Japan. Built in 2001, it comprises 14 units in a Reinforced Concrete (RC) structure. It was constructed by Kuni Kensetsu (六合建設).
Pricing & Floor Plans
Price range: 情報なし.
Estimated price per sqm: ¥19.8万/sqm (approx. $1,318/sqm or $122/sqft).
Location & Neighborhood
The property is located at Handa Shi Yanabe Nakamachi 4 Choume 182-2 (半田市岩滑中町4丁目182-2), 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 25 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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