Overview of Raionzumanshon Oomiya Hori No Nai (ライオンズマンション大宮堀の内)
Raionzumanshon Oomiya Hori No Nai (ライオンズマンション大宮堀の内) is a 31-year-old condominium located at Saitama Shidai Miya Ku Hori No Uchimachi 3 Choume 106 (さいたま市大宮区堀の内町3丁目106), Saitama, Japan. Built in 1995, it comprises 29 units in a Reinforced Concrete (RC) structure. It was constructed by Hazamagumi (間組).
Pricing & Floor Plans
Based on 16 past listings, prices have ranged from 1,480〜3,180万円 (approx. $98,667–$212,000 USD at ¥150/$).
Unit sizes range from 60.0–66.1 sqm (646–711 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3DK (3-bedroom w/ dining-kitchen), 2SDK (2-bedroom w/ dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥50.3万/sqm (approx. $3,355/sqm or $312/sqft).
Location & Neighborhood
The property is located at Saitama Shidai Miya Ku Hori No Uchimachi 3 Choume 106 (さいたま市大宮区堀の内町3丁目106), Saitama, Japan. It is a 17-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 31 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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