Overview of Raionzumanshon Kokubunji Daisan (ライオンズマンション国分寺第３)
Raionzumanshon Kokubunji Daisan (ライオンズマンション国分寺第３) is a 42-year-old condominium located at Kokubunjishi Minamimachi 3 Choume 12-10 (国分寺市南町3丁目12-10), Tokyo, Japan. Built in 1984, it comprises 55 units in a Reinforced Concrete (RC) structure. It was constructed by Nippon Kensetsu (日本建設).
Pricing & Floor Plans
Based on 38 past listings, prices have ranged from 1,680〜3,980万円 (approx. $112,000–$265,333 USD at ¥150/$).
Unit sizes range from 28.7–57.3 sqm (309–617 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), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥86.0万/sqm (approx. $5,736/sqm or $533/sqft).
Location & Neighborhood
The property is located at Kokubunjishi Minamimachi 3 Choume 12-10 (国分寺市南町3丁目12-10), 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 42 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 55 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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