Overview of Rune Oomiya Miyahara (ルネ大宮宮原)
Rune Oomiya Miyahara (ルネ大宮宮原) is a 27-year-old condominium located at Saitama Shi Kitaku Nisshinchou 3 Choume 245-1 (さいたま市北区日進町3丁目245-1), Saitama, Japan. Built in 1999, it comprises 45 units in a Reinforced Concrete (RC) structure. It was constructed by Hase Kou Kooporeeshon (長谷工コーポレーション).
Pricing & Floor Plans
Based on 30 past listings, prices have ranged from 1,780〜3,990万円 (approx. $118,667–$266,000 USD at ¥150/$).
Unit sizes range from 67.7–83.6 sqm (729–900 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥42.4万/sqm (approx. $2,827/sqm or $263/sqft).
Location & Neighborhood
The property is located at Saitama Shi Kitaku Nisshinchou 3 Choume 245-1 (さいたま市北区日進町3丁目245-1), 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 27 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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