Overview of Raionzumanshon Oomiya Yubi Ougi Ichiban Kan (ライオンズマンション大宮指扇壱番館)
Raionzumanshon Oomiya Yubi Ougi Ichiban Kan (ライオンズマンション大宮指扇壱番館) is a 40-year-old condominium located at Saitama Shi Nishiku Yubi Ougi Ryou Bessho 109-93 (さいたま市西区指扇領別所109-93), Saitama, Japan. Built in 1986, it comprises 179 units in a Reinforced Concrete (RC) structure. It was constructed by Taiseikensetsu (大成建設).
Pricing & Floor Plans
Based on 88 past listings, prices have ranged from 880〜2,290万円 (approx. $58,667–$152,667 USD at ¥150/$).
Unit sizes range from 66.7–75.0 sqm (718–807 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2LDK (2-bedroom w/ living-dining-kitchen), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥25.7万/sqm (approx. $1,711/sqm or $159/sqft).
Location & Neighborhood
The property is located at Saitama Shi Nishiku Yubi Ougi Ryou Bessho 109-93 (さいたま市西区指扇領別所109-93), Saitama, Japan. It is a 11-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 40 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 179 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.
Analyze this property's fair price and negotiation room for free at RE:public.