Overview of Roiyaruaaku Nerima (ロイヤルアーク練馬)
Roiyaruaaku Nerima (ロイヤルアーク練馬) is a 28-year-old condominium located at Nerimaku Nakamura 1 Choume 1-14 (練馬区中村1丁目1-14), Tokyo, Japan. Built in 1998, it comprises 42 units in a Reinforced Concrete (RC) structure. It was constructed by Kumagaigumi , Hase Kou Kooporeeshon (熊谷組、 長谷工コーポレーション).
Pricing & Floor Plans
Based on 19 past listings, prices have ranged from 4,280〜7,480万円 (approx. $285,333–$498,667 USD at ¥150/$).
Unit sizes range from 79.4–93.5 sqm (855–1006 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), 3LDK (3-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 3SLDK (3-bedroom w/ living-dining-kitchen + service room).
Estimated price per sqm: ¥86.9万/sqm (approx. $5,793/sqm or $538/sqft).
Location & Neighborhood
The property is located at Nerimaku Nakamura 1 Choume 1-14 (練馬区中村1丁目1-14), Tokyo, Japan. It is a 9-minute walk to the nearest station. This is considered good station access by Japanese standards.
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 28 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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