Overview of Rejionsu Hino (レヂオンス日野)
Rejionsu Hino (レヂオンス日野) is a 28-year-old condominium located at Hinoshi Tama Taira 6 Choume 24-2 (日野市多摩平6丁目24-2), Tokyo, Japan. Built in 1998, it comprises 16 units in a Reinforced Concrete (RC) structure. It was constructed by Kokorozashi Ta Kumi (志多組).
Pricing & Floor Plans
Based on 18 past listings, prices have ranged from 1,498〜2,700万円 (approx. $99,867–$180,000 USD at ¥150/$).
Unit sizes range from 56.7–60.0 sqm (610–646 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: ¥33.2万/sqm (approx. $2,213/sqm or $206/sqft).
Location & Neighborhood
The property is located at Hinoshi Tama Taira 6 Choume 24-2 (日野市多摩平6丁目24-2), Tokyo, Japan. It is a 16-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.
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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