Overview of Zama Ririenhaimu (座間リリエンハイム)
Zama Ririenhaimu (座間リリエンハイム) is a 34-year-old condominium located at Zamashi Iriya Higashi 2 Choume 13-8 (座間市入谷東2丁目13-8), Kanagawa, Japan. Built in 1992, it comprises 16 units in a Reinforced Concrete (RC) structure. It was constructed by Taisei Purehabu (大成プレハブ).
Pricing & Floor Plans
Based on 30 past listings, prices have ranged from 980〜2,800万円 (approx. $65,333–$186,667 USD at ¥150/$).
Unit sizes range from 75.3–75.3 sqm (811–811 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: ¥17.8万/sqm (approx. $1,189/sqm or $110/sqft).
Location & Neighborhood
The property is located at Zamashi Iriya Higashi 2 Choume 13-8 (座間市入谷東2丁目13-8), Kanagawa, Japan. It is a 8-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 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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