Overview of Shurosu Oomiya Miyahara (シュロス大宮宮原)
Shurosu Oomiya Miyahara (シュロス大宮宮原) is a 28-year-old condominium located at Saitama Shi Kitaku Nisshinchou 3 Choume 666-1 (さいたま市北区日進町3丁目666-1), Saitama, Japan. Built in 1998, it comprises 38 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 32 past listings, prices have ranged from 1,250〜3,280万円 (approx. $83,333–$218,667 USD at ¥150/$).
Unit sizes range from 66.9–74.8 sqm (720–805 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1LDK (1-bedroom w/ living-dining-kitchen), 3SLDK (3-bedroom w/ living-dining-kitchen + service room), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥34.3万/sqm (approx. $2,287/sqm or $212/sqft).
Location & Neighborhood
The property is located at Saitama Shi Kitaku Nisshinchou 3 Choume 666-1 (さいたま市北区日進町3丁目666-1), Saitama, Japan. It is a 10-minute walk to the nearest station. This is considered good station access by Japanese standards.
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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