Overview of Raionzumanshon Kodaira Sakaemachi (ライオンズマンション小平栄町)
Raionzumanshon Kodaira Sakaemachi (ライオンズマンション小平栄町) is a 35-year-old condominium located at Kodairashi Sakaemachi 1 Choume 3-25 (小平市栄町1丁目3-25), Tokyo, Japan. Built in 1991, it comprises 58 units in a Reinforced Concrete (RC) structure. It was constructed by Yasuhiro Kensetsu (泰洋建設).
Pricing & Floor Plans
Based on 47 past listings, prices have ranged from 1,180〜2,790万円 (approx. $78,667–$186,000 USD at ¥150/$).
Unit sizes range from 50.0–54.3 sqm (538–584 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), 3LDK (3-bedroom w/ living-dining-kitchen), 3DK (3-bedroom w/ dining-kitchen).
Estimated price per sqm: ¥51.9万/sqm (approx. $3,457/sqm or $321/sqft).
Location & Neighborhood
The property is located at Kodairashi Sakaemachi 1 Choume 3-25 (小平市栄町1丁目3-25), Tokyo, Japan. It is a 4-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 58 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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