Overview of Raionzumanshon Higashi Katahashi (ライオンズマンション東片端)
Raionzumanshon Higashi Katahashi (ライオンズマンション東片端) is a 42-year-old condominium located at Nagoyashi Higashiku Izumi 2 Choume 1-27 (名古屋市東区泉2丁目1-27), Aichi, Japan. Built in 1984, it comprises 46 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Takenakakoumuten (竹中工務店).
Pricing & Floor Plans
Based on 37 past listings, prices have ranged from 350〜3,380万円 (approx. $23,333–$225,333 USD at ¥150/$).
Unit sizes range from 18.4–85.5 sqm (198–920 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 1LDK (1-bedroom w/ living-dining-kitchen), 1K (1-bedroom w/ kitchen), 3LDK (3-bedroom w/ living-dining-kitchen), 3DK (3-bedroom w/ dining-kitchen).
Estimated price per sqm: ¥31.1万/sqm (approx. $2,073/sqm or $193/sqft).
Location & Neighborhood
The property is located at Nagoyashi Higashiku Izumi 2 Choume 1-27 (名古屋市東区泉2丁目1-27), Aichi, Japan. It is a 5-minute walk to the nearest station. This is considered excellent station access in Japan, where most daily errands are done on foot or by train.
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 42 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.