Overview of Raionzumanshon Yokohama Chuuou (ライオンズマンション横浜中央)
Raionzumanshon Yokohama Chuuou (ライオンズマンション横浜中央) is a 31-year-old condominium located at Yokohamashinishiku Chuuou 2 Choume 53-4 (横浜市西区中央2丁目53-4), Kanagawa, Japan. Built in 1995, it comprises 39 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Satou Kougyou , Dai Matsu Kensetsu (佐藤工業、 大末建設).
Pricing & Floor Plans
Based on 31 past listings, prices have ranged from 2,380〜4,480万円 (approx. $158,667–$298,667 USD at ¥150/$).
Unit sizes range from 60.8–63.0 sqm (654–678 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1SLDK (1-bedroom w/ living-dining-kitchen + service room), 1LDK (1-bedroom w/ living-dining-kitchen), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥69.2万/sqm (approx. $4,614/sqm or $429/sqft).
Location & Neighborhood
The property is located at Yokohamashinishiku Chuuou 2 Choume 53-4 (横浜市西区中央2丁目53-4), Kanagawa, 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 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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