Overview of Raionzugaaden Sayama (ライオンズガーデン狭山)
Raionzugaaden Sayama (ライオンズガーデン狭山) is a 34-year-old condominium located at Sayamashi Kitairiso 726-1 (狭山市北入曽726-1), Saitama, Japan. Built in 1992, it comprises 85 units in a Reinforced Concrete (RC) structure. It was constructed by Taiboku Kensetsu (大木建設).
Pricing & Floor Plans
Based on 24 past listings, prices have ranged from 580〜1,480万円 (approx. $38,667–$98,667 USD at ¥150/$).
Unit sizes range from 50.2–63.9 sqm (540–688 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2LDK (2-bedroom w/ living-dining-kitchen), 2DK (2-bedroom w/ dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen), 3DK (3-bedroom w/ dining-kitchen), 2SDK (2-bedroom w/ dining-kitchen + service room).
Estimated price per sqm: ¥24.3万/sqm (approx. $1,623/sqm or $151/sqft).
Location & Neighborhood
The property is located at Sayamashi Kitairiso 726-1 (狭山市北入曽726-1), Saitama, Japan. It is a 20-minute walk to the nearest station. In Japan, station proximity significantly affects property values and daily convenience.
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 34 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 85 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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