Overview of Raionzumanshon Urawa Dai 5 (ライオンズマンション浦和第5)
Raionzumanshon Urawa Dai 5 (ライオンズマンション浦和第5) is a 40-year-old condominium located at Saitama Shiura Wa Ku Motofuto 4 Choume 15-1 (さいたま市浦和区本太4丁目15-1), Saitama, Japan. Built in 1986, it comprises 40 units in a Reinforced Concrete (RC) structure. It was constructed by Shouei Kensetsu , Nitta Kensetsu (松栄建設、 新田建設).
Pricing & Floor Plans
Price range: 情報なし.
Estimated price per sqm: ¥57.8万/sqm (approx. $3,853/sqm or $358/sqft).
Location & Neighborhood
The property is located at Saitama Shiura Wa Ku Motofuto 4 Choume 15-1 (さいたま市浦和区本太4丁目15-1), Saitama, Japan. It is a 14-minute walk to the nearest station. In Japan, station proximity significantly affects property values and daily convenience.
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 40 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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