Overview of Raionzumanshon Misato Ekimae (ライオンズマンション三郷駅前)
Raionzumanshon Misato Ekimae (ライオンズマンション三郷駅前) is a 27-year-old condominium located at Misatoshi Misato 1 Choume 1-6 (三郷市三郷1丁目1-6), Saitama, Japan. Built in 1999, it comprises 70 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Fukuya Sekkeijimusho , Aoki Kensetsu (福家設計事務所、 青木建設).
Pricing & Floor Plans
Based on 54 past listings, prices have ranged from 1,580〜3,480万円 (approx. $105,333–$232,000 USD at ¥150/$).
Unit sizes range from 62.5–71.5 sqm (673–770 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).
Estimated price per sqm: ¥51.4万/sqm (approx. $3,425/sqm or $318/sqft).
Location & Neighborhood
The property is located at Misatoshi Misato 1 Choume 1-6 (三郷市三郷1丁目1-6), Saitama, Japan. It is a 2-minute walk to the nearest station. This is considered excellent station access in Japan, where most daily errands are done on foot or by train.
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 27 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 70 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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