Overview of Raionzugaadenshitei Urawa (ライオンズガーデンシティ浦和)
Raionzugaadenshitei Urawa (ライオンズガーデンシティ浦和) is a 29-year-old condominium located at Saitama Shi Sakura Ku Minami Moto Yado 2 Choume 27-1 (さいたま市桜区南元宿2丁目27-1), Saitama, Japan. Built in 1997, it comprises 192 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Tobishima Kensetsu (飛島建設).
Pricing & Floor Plans
Based on 191 past listings, prices have ranged from 1,280〜3,799万円 (approx. $85,333–$253,267 USD at ¥150/$).
Unit sizes range from 60.0–89.6 sqm (646–964 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), 3LDK (3-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 3SLDK (3-bedroom w/ living-dining-kitchen + service room).
Estimated price per sqm: ¥47.1万/sqm (approx. $3,137/sqm or $291/sqft).
Location & Neighborhood
The property is located at Saitama Shi Sakura Ku Minami Moto Yado 2 Choume 27-1 (さいたま市桜区南元宿2丁目27-1), Saitama, Japan. It is a 14-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 29 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 192 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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