Overview of Rune・beigurande (ルネ・ベイグランデ)
Rune・beigurande (ルネ・ベイグランデ) is a 29-year-old condominium located at Koutouku Etchuu Shima 3 Choume 1-3 (江東区越中島3丁目1-3), Tokyo, Japan. Built in 1997, it comprises 206 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Hase Kou Kooporeeshon (長谷工コーポレーション).
Pricing & Floor Plans
Based on 121 past listings, prices have ranged from 2,980〜11,500万円 (approx. $198,667–$766,667 USD at ¥150/$).
Unit sizes range from 57.9–109.5 sqm (623–1179 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 1LDK (1-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥100.9万/sqm (approx. $6,727/sqm or $625/sqft).
Location & Neighborhood
The property is located at Koutouku Etchuu Shima 3 Choume 1-3 (江東区越中島3丁目1-3), Tokyo, Japan. It is a 6-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 29 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 206 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.
Analyze this property's fair price and negotiation room for free at RE:public.