Overview of Raionzumanshon Urawa Higashi (ライオンズマンション浦和東)
Raionzumanshon Urawa Higashi (ライオンズマンション浦和東) is a 37-year-old condominium located at Saitama Shi Midoriku Oota Kubo 1 Choume 21-9 (さいたま市緑区太田窪1丁目21-9), Saitama, Japan. Built in 1989, it comprises 18 units in a Reinforced Concrete (RC) structure. It was constructed by Tatsumura Kumi (辰村組).
Pricing & Floor Plans
Based on 16 past listings, prices have ranged from 930〜2,790万円 (approx. $62,000–$186,000 USD at ¥150/$).
Unit sizes range from 43.6–91.7 sqm (469–987 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 2DK (2-bedroom w/ dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen), 3DK (3-bedroom w/ dining-kitchen), 2SDK (2-bedroom w/ dining-kitchen + service room).
Estimated price per sqm: ¥43.4万/sqm (approx. $2,894/sqm or $269/sqft).
Location & Neighborhood
The property is located at Saitama Shi Midoriku Oota Kubo 1 Choume 21-9 (さいたま市緑区太田窪1丁目21-9), Saitama, Japan. It is a 17-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 37 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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