Overview of Raionzugaaden Hanasaki J Tou (ライオンズガーデン花崎Ｊ棟)
Raionzugaaden Hanasaki J Tou (ライオンズガーデン花崎Ｊ棟) is a 35-year-old condominium located at Kazo Shika Saki Kita 2 Choume 16-1 (加須市花崎北2丁目16-1), Saitama, Japan. Built in 1991, it comprises 109 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Hazamagumi (間組).
Pricing & Floor Plans
Based on 30 past listings, prices have ranged from 680〜1,980万円 (approx. $45,333–$132,000 USD at ¥150/$).
Unit sizes range from 65.1–108.4 sqm (701–1167 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥20.3万/sqm (approx. $1,353/sqm or $126/sqft).
Location & Neighborhood
The property is located at Kazo Shika Saki Kita 2 Choume 16-1 (加須市花崎北2丁目16-1), Saitama, Japan. It is a 5-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 35 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 109 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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