Overview of Wakoore Higashiurawa (ワコーレ東浦和)
Wakoore Higashiurawa (ワコーレ東浦和) is a 40-year-old condominium located at Saitama Shi Midoriku Higashiurawa 2 Choume 6-1 , 7-6 , 8-1 (さいたま市緑区東浦和2丁目6-1、7-6、8-1), Saitama, Japan. Built in 1986, it comprises 67 units in a Reinforced Concrete (RC) structure. It was constructed by Kumagaigumi (熊谷組).
Pricing & Floor Plans
Based on 98 past listings, prices have ranged from 450〜2,898万円 (approx. $30,000–$193,200 USD at ¥150/$).
Unit sizes range from 16.2–75.0 sqm (174–807 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), 1K (1-bedroom w/ kitchen), 1R (Studio).
Estimated price per sqm: ¥32.7万/sqm (approx. $2,177/sqm or $202/sqft).
Location & Neighborhood
The property is located at Saitama Shi Midoriku Higashiurawa 2 Choume 6-1 , 7-6 , 8-1 (さいたま市緑区東浦和2丁目6-1、7-6、8-1), Saitama, Japan. It is a 8-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 40 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 67 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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