Overview of Sezaaru Oomiya Chuuou Kouen (セザール大宮中央公園)
Sezaaru Oomiya Chuuou Kouen (セザール大宮中央公園) is a 37-year-old condominium located at Saitama Shi Kitaku Miyahara Machi 4 Choume 105-10 (さいたま市北区宮原町4丁目105-10), Saitama, Japan. Built in 1989, it comprises 28 units in a Reinforced Concrete (RC) structure. It was constructed by Saitou Kougyou (斉藤工業).
Pricing & Floor Plans
Based on 77 past listings, prices have ranged from 780〜2,280万円 (approx. $52,000–$152,000 USD at ¥150/$).
Unit sizes range from 52.1–66.7 sqm (561–718 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3DK (3-bedroom w/ dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥33.4万/sqm (approx. $2,227/sqm or $207/sqft).
Location & Neighborhood
The property is located at Saitama Shi Kitaku Miyahara Machi 4 Choume 105-10 (さいたま市北区宮原町4丁目105-10), Saitama, Japan. It is a 15-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 37 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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