Overview of Raionzugaaden Tsuga (ライオンズガーデン都賀)
Raionzugaaden Tsuga (ライオンズガーデン都賀) is a 30-year-old condominium located at Chibashi Wakaba Ku Sakuragi Kita 2 Choume 2-1 (千葉市若葉区桜木北2丁目2-1), Chiba, Japan. Built in 1996, it comprises 56 units in a Reinforced Concrete (RC) structure. It was constructed by Shinnihon Kensetsu (新日本建設).
Pricing & Floor Plans
Based on 13 past listings, prices have ranged from 1,180〜2,099万円 (approx. $78,667–$139,933 USD at ¥150/$).
Unit sizes range from 56.3–70.8 sqm (606–762 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2LDK (2-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥26.9万/sqm (approx. $1,793/sqm or $167/sqft).
Location & Neighborhood
The property is located at Chibashi Wakaba Ku Sakuragi Kita 2 Choume 2-1 (千葉市若葉区桜木北2丁目2-1), Chiba, Japan. It is a 10-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 30 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 56 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.
Analyze this property's fair price and negotiation room for free at RE:public.