Overview of Raionzumanshon Urawa Toreya (ライオンズマンション浦和トレヤ)
Raionzumanshon Urawa Toreya (ライオンズマンション浦和トレヤ) is a 30-year-old condominium located at Saitama Shi Midoriku Harayama 1 Choume 33-17 (さいたま市緑区原山1丁目33-17), Saitama, Japan. Built in 1996, it comprises 96 units in a Reinforced Concrete (RC) structure. It was constructed by Taisei Purehabu (大成プレハブ).
Pricing & Floor Plans
Based on 56 past listings, prices have ranged from 1,360〜3,598万円 (approx. $90,667–$239,867 USD at ¥150/$).
Unit sizes range from 55.8–67.5 sqm (601–727 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), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 2DK (2-bedroom w/ dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen), 3DK (3-bedroom w/ dining-kitchen).
Estimated price per sqm: ¥50.4万/sqm (approx. $3,360/sqm or $312/sqft).
Location & Neighborhood
The property is located at Saitama Shi Midoriku Harayama 1 Choume 33-17 (さいたま市緑区原山1丁目33-17), Saitama, Japan. It is a 19-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 30 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 96 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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