Overview of Rupinasu Oomiya Sakuragichou (ルピナス大宮桜木町)
Rupinasu Oomiya Sakuragichou (ルピナス大宮桜木町) is a 29-year-old condominium located at Saitama Shidai Miya Ku Sakuragichou 4 Choume 1014 (さいたま市大宮区桜木町4丁目1014), Saitama, Japan. Built in 1997, it comprises 25 units in a Reinforced Concrete (RC) structure. It was constructed by Surugakooporeeshon (スルガコーポレーション).
Pricing & Floor Plans
Based on 38 past listings, prices have ranged from 1,950〜4,880万円 (approx. $130,000–$325,333 USD at ¥150/$).
Unit sizes range from 61.6–73.9 sqm (663–795 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), 2LDK (2-bedroom w/ living-dining-kitchen), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥70.7万/sqm (approx. $4,711/sqm or $438/sqft).
Location & Neighborhood
The property is located at Saitama Shidai Miya Ku Sakuragichou 4 Choume 1014 (さいたま市大宮区桜木町4丁目1014), 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 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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