Overview of Raionzumanshon Edogawa Takada Kouen (ライオンズマンション江戸川高田公園)
Raionzumanshon Edogawa Takada Kouen (ライオンズマンション江戸川高田公園) is a 32-year-old condominium located at Edogawaku Shinbori 2 Choume 6-7 (江戸川区新堀2丁目6-7), Tokyo, Japan. Built in 1994, it comprises 27 units in a Reinforced Concrete (RC) structure. It was constructed by Nissan Kensetsu (日産建設).
Pricing & Floor Plans
Based on 15 past listings, prices have ranged from 1,600〜3,998万円 (approx. $106,667–$266,533 USD at ¥150/$).
Unit sizes range from 63.5–74.0 sqm (684–797 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥55.4万/sqm (approx. $3,690/sqm or $343/sqft).
Location & Neighborhood
The property is located at Edogawaku Shinbori 2 Choume 6-7 (江戸川区新堀2丁目6-7), Tokyo, Japan. It is a 18-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 32 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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