Overview of Sanraizumanshon Higashimurayama Daisan (サンライズマンション東村山第３)
Sanraizumanshon Higashimurayama Daisan (サンライズマンション東村山第３) is a 41-year-old condominium located at Higashimurayama Shi Sakaemachi 2 Choume 16-1 (東村山市栄町2丁目16-1), Tokyo, Japan. Built in 1985, it comprises 43 units in a Reinforced Concrete (RC) structure. It was constructed by Asanuma Kumi (浅沼組).
Pricing & Floor Plans
Based on 35 past listings, prices have ranged from 780〜2,599万円 (approx. $52,000–$173,267 USD at ¥150/$).
Unit sizes range from 33.3–74.5 sqm (358–802 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), 1LDK (1-bedroom w/ living-dining-kitchen), 2DK (2-bedroom w/ dining-kitchen), 1R (Studio), 1DK (1-bedroom w/ dining-kitchen).
Estimated price per sqm: ¥38.4万/sqm (approx. $2,558/sqm or $238/sqft).
Location & Neighborhood
The property is located at Higashimurayama Shi Sakaemachi 2 Choume 16-1 (東村山市栄町2丁目16-1), Tokyo, 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 41 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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