Overview of Sentoree Sayama Daisan (セントレー狭山第３)
Sentoree Sayama Daisan (セントレー狭山第３) is a 25-year-old condominium located at Sayamashi Gion 3-11 (狭山市祇園3-11), Saitama, Japan. Built in 2001, it comprises 41 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Satou Kougyou (佐藤工業).
Pricing & Floor Plans
Based on 40 past listings, prices have ranged from 1,540〜2,680万円 (approx. $102,667–$178,667 USD at ¥150/$).
Unit sizes range from 68.1–68.7 sqm (733–739 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: ¥29.3万/sqm (approx. $1,952/sqm or $181/sqft).
Location & Neighborhood
The property is located at Sayamashi Gion 3-11 (狭山市祇園3-11), Saitama, Japan. It is a 3-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 25 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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