Overview of Raionzugaaden Fuchuu Koremasa (ライオンズガーデン府中是政)
Raionzugaaden Fuchuu Koremasa (ライオンズガーデン府中是政) is a 23-year-old condominium located at Fuchuushi Koremasa 4 Choume 2-3 (府中市是政4丁目2-3), Tokyo, Japan. Built in 2003, it comprises 145 units in a Reinforced Concrete (RC) structure. It was constructed by Nishimatsu Kensetsu (西松建設).
Pricing & Floor Plans
Based on 76 past listings, prices have ranged from 2,280〜4,700万円 (approx. $152,000–$313,333 USD at ¥150/$).
Unit sizes range from 67.7–98.1 sqm (729–1056 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥47.4万/sqm (approx. $3,157/sqm or $293/sqft).
Location & Neighborhood
The property is located at Fuchuushi Koremasa 4 Choume 2-3 (府中市是政4丁目2-3), Tokyo, 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 23 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 145 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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