Overview of Monaakupuraza Nishiura Kazuaki Ke Se Kouen (モナークプラザ西浦和秋ヶ瀬公園)
Monaakupuraza Nishiura Kazuaki Ke Se Kouen (モナークプラザ西浦和秋ヶ瀬公園) is a 31-year-old condominium located at Saitama Shi Sakura Ku Tajima 10 Choume 5-10 (さいたま市桜区田島10丁目5-10), Saitama, Japan. Built in 1995, it comprises 95 units in a Reinforced Concrete (RC) structure. It was constructed by Magara Kensetsu (真柄建設).
Pricing & Floor Plans
Based on 57 past listings, prices have ranged from 1,180〜2,950万円 (approx. $78,667–$196,667 USD at ¥150/$).
Unit sizes range from 57.6–66.8 sqm (620–719 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1SLDK (1-bedroom w/ living-dining-kitchen + service room), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen), 3DK (3-bedroom w/ dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥38.1万/sqm (approx. $2,541/sqm or $236/sqft).
Location & Neighborhood
The property is located at Saitama Shi Sakura Ku Tajima 10 Choume 5-10 (さいたま市桜区田島10丁目5-10), Saitama, Japan. It is a 7-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 31 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 95 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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