Overview of Raionzumanshon Akira Shima Daini (ライオンズマンション昭島第2)
Raionzumanshon Akira Shima Daini (ライオンズマンション昭島第2) is a 32-year-old condominium located at Akira Shima Shidai Jinmachi 3 Choume 14-13 (昭島市大神町3丁目14-13), Tokyo, Japan. Built in 1994, it comprises 63 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Yamato Kensetsu (大和建設).
Pricing & Floor Plans
Based on 47 past listings, prices have ranged from 780〜2,490万円 (approx. $52,000–$166,000 USD at ¥150/$).
Unit sizes range from 42.1–84.2 sqm (453–906 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), 2DK (2-bedroom w/ dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen), 3DK (3-bedroom w/ dining-kitchen).
Estimated price per sqm: ¥26.3万/sqm (approx. $1,751/sqm or $163/sqft).
Location & Neighborhood
The property is located at Akira Shima Shidai Jinmachi 3 Choume 14-13 (昭島市大神町3丁目14-13), Tokyo, Japan. It is a 18-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 32 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 63 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.