Overview of Raionzumanshon Tsudanuma Minami (ライオンズマンション津田沼南)
Raionzumanshon Tsudanuma Minami (ライオンズマンション津田沼南) is a 34-year-old condominium located at Narashinoshi Sode Ke Ura 1 Choume 12-11 (習志野市袖ケ浦1丁目12-11), Chiba, Japan. Built in 1992, it comprises 43 units in a Reinforced Concrete (RC) structure. It was constructed by Toutetsukougyou (東鉄工業).
Pricing & Floor Plans
Based on 43 past listings, prices have ranged from 400〜2,580万円 (approx. $26,667–$172,000 USD at ¥150/$).
Unit sizes range from 20.9–61.1 sqm (225–658 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), 1K (1-bedroom w/ kitchen), 1DK (1-bedroom w/ dining-kitchen), 3K (3-bedroom w/ kitchen).
Estimated price per sqm: ¥27.3万/sqm (approx. $1,817/sqm or $169/sqft).
Location & Neighborhood
The property is located at Narashinoshi Sode Ke Ura 1 Choume 12-11 (習志野市袖ケ浦1丁目12-11), Chiba, Japan. It is a 15-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 34 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.
Analyze this property's fair price and negotiation room for free at RE:public.