Overview of Sanraizumanshon Higashimurayama (サンライズマンション東村山)
Sanraizumanshon Higashimurayama (サンライズマンション東村山) is a 43-year-old condominium located at Higashimurayama Shi Sakaemachi 2 Choume 1-11 (東村山市栄町2丁目1-11), Tokyo, Japan. Built in 1983, it comprises 40 units in a Reinforced Concrete (RC) structure. It was constructed by Fuji Kou (冨士工).
Pricing & Floor Plans
Based on 29 past listings, prices have ranged from 720〜2,599万円 (approx. $48,000–$173,267 USD at ¥150/$).
Unit sizes range from 33.6–60.0 sqm (362–646 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2K (2-bedroom w/ kitchen), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 1LDK (1-bedroom w/ living-dining-kitchen), 1R (Studio), 2DK (2-bedroom w/ dining-kitchen).
Estimated price per sqm: ¥36.2万/sqm (approx. $2,416/sqm or $224/sqft).
Location & Neighborhood
The property is located at Higashimurayama Shi Sakaemachi 2 Choume 1-11 (東村山市栄町2丁目1-11), 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 43 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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