Overview of Raionzumanshon Tama Nagayama Gaaden (ライオンズマンション多摩永山ガーデン)
Raionzumanshon Tama Nagayama Gaaden (ライオンズマンション多摩永山ガーデン) is a 29-year-old condominium located at Tamashi Kotta 656 (多摩市乞田656), Tokyo, Japan. Built in 1997, it comprises 40 units in a Reinforced Concrete (RC) structure. It was constructed by Okumura Kumi (奥村組).
Pricing & Floor Plans
Based on 19 past listings, prices have ranged from 1,630〜3,380万円 (approx. $108,667–$225,333 USD at ¥150/$).
Unit sizes range from 61.8–75.1 sqm (665–808 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: ¥42.0万/sqm (approx. $2,802/sqm or $260/sqft).
Location & Neighborhood
The property is located at Tamashi Kotta 656 (多摩市乞田656), Tokyo, 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 29 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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