Overview of Raionzumanshon Hachiouji Dai 7 (ライオンズマンション八王子第７)
Raionzumanshon Hachiouji Dai 7 (ライオンズマンション八王子第７) is a 29-year-old condominium located at Hachioujishi Youka Machi 6-4 (八王子市八日町6-4), Tokyo, Japan. Built in 1997, it comprises 56 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Touyou Kensetsu , Shin Kensetsu (東洋建設、 新建設).
Pricing & Floor Plans
Based on 64 past listings, prices have ranged from 1,450〜3,680万円 (approx. $96,667–$245,333 USD at ¥150/$).
Unit sizes range from 51.5–65.5 sqm (554–705 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), 1LDK (1-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥49.0万/sqm (approx. $3,268/sqm or $304/sqft).
Location & Neighborhood
The property is located at Hachioujishi Youka Machi 6-4 (八王子市八日町6-4), Tokyo, Japan. It is a 13-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 56 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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