Overview of Raionzumanshon Tsurugamine Dai 7 (ライオンズマンション鶴ヶ峰第７)
Raionzumanshon Tsurugamine Dai 7 (ライオンズマンション鶴ヶ峰第７) is a 42-year-old condominium located at Yokohamashiasahiku Jouhaku Ne 1 Choume 1-19 (横浜市旭区上白根1丁目1-19), Kanagawa, Japan. Built in 1984, it comprises 33 units in a Reinforced Concrete (RC) structure. It was constructed by Goyoukensetsu (五洋建設).
Pricing & Floor Plans
Price range: 情報なし.
Estimated price per sqm: ¥27.2万/sqm (approx. $1,811/sqm or $168/sqft).
Location & Neighborhood
The property is located at Yokohamashiasahiku Jouhaku Ne 1 Choume 1-19 (横浜市旭区上白根1丁目1-19), Kanagawa, Japan. It is a 25-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 42 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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