Overview of Yono Paakusukuea (与野パークスクエア)
Yono Paakusukuea (与野パークスクエア) is a 35-year-old condominium located at Saitama Shichuu Ou Ku Suzutani 4 Choume 9-24 (さいたま市中央区鈴谷4丁目9-24), Saitama, Japan. Built in 1991, it comprises 132 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Kumagaigumi , Fudou Ken Ken (熊谷組、 フドウ建研).
Pricing & Floor Plans
Based on 87 past listings, prices have ranged from 1,480〜3,990万円 (approx. $98,667–$266,000 USD at ¥150/$).
Unit sizes range from 60.1–94.1 sqm (647–1013 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2LDK (2-bedroom w/ living-dining-kitchen), 3SLDK (3-bedroom w/ living-dining-kitchen + service room), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥44.5万/sqm (approx. $2,965/sqm or $275/sqft).
Location & Neighborhood
The property is located at Saitama Shichuu Ou Ku Suzutani 4 Choume 9-24 (さいたま市中央区鈴谷4丁目9-24), Saitama, Japan. It is a 12-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 35 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 132 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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