Overview of Chisanmanshon Urawa Kenchoumae (チサンマンション浦和県庁前)
Chisanmanshon Urawa Kenchoumae (チサンマンション浦和県庁前) is a 34-year-old condominium located at Saitama Shiura Wa Ku Takasago 3 Choume 14-9 (さいたま市浦和区高砂3丁目14-9), Saitama, Japan. Built in 1992, it comprises 23 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Nippon Kensetsu (日本建設).
Pricing & Floor Plans
Price range: 情報なし.
Estimated price per sqm: ¥74.6万/sqm (approx. $4,974/sqm or $462/sqft).
Location & Neighborhood
The property is located at Saitama Shiura Wa Ku Takasago 3 Choume 14-9 (さいたま市浦和区高砂3丁目14-9), Saitama, Japan. It is a 13-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 34 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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