Overview of Raionzugaadenshitei Fujimi No (ライオンズガーデンシティふじみ野)
Raionzugaadenshitei Fujimi No (ライオンズガーデンシティふじみ野) is a 28-year-old condominium located at Fujimi Noichi Ichisawa 3 Choume 5-8 (ふじみ野市市沢3丁目5-8), Saitama, Japan. Built in 1998, it comprises 145 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Tada Kensetsu (多田建設).
Pricing & Floor Plans
Based on 130 past listings, prices have ranged from 1,380〜3,380万円 (approx. $92,000–$225,333 USD at ¥150/$).
Unit sizes range from 53.0–88.9 sqm (570–957 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), 1LDK (1-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥35.2万/sqm (approx. $2,349/sqm or $218/sqft).
Location & Neighborhood
The property is located at Fujimi Noichi Ichisawa 3 Choume 5-8 (ふじみ野市市沢3丁目5-8), Saitama, Japan. It is a 11-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 28 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 145 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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