Overview of Rejidensukooto Baji Kouen (レジデンスコート馬事公苑)
Rejidensukooto Baji Kouen (レジデンスコート馬事公苑) is a 14-year-old condominium located at Setagayaku Sakura 3 Choume 17-13 (世田谷区桜3丁目17-13), Tokyo, Japan. Built in 2012, it comprises 63 units in a Reinforced Concrete (RC) structure. It was constructed by Mitsui Sumitomokensetsu (三井住友建設).
Pricing & Floor Plans
Based on 15 past listings, prices have ranged from 5,680〜12,180万円 (approx. $378,667–$812,000 USD at ¥150/$).
Unit sizes range from 72.3–78.5 sqm (778–845 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥143.1万/sqm (approx. $9,537/sqm or $886/sqft).
Location & Neighborhood
The property is located at Setagayaku Sakura 3 Choume 17-13 (世田谷区桜3丁目17-13), Tokyo, Japan. It is a 17-minute walk to the nearest station. In Japan, station proximity significantly affects property values and daily convenience.
Investment Perspective
Scale advantage: With 63 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.
Analyze this property's fair price and negotiation room for free at RE:public.