Overview of Rejionsu Sendai Minami (レヂオンス仙台南)
Rejionsu Sendai Minami (レヂオンス仙台南) is a 35-year-old condominium located at Sendaishi Taihakuku Kouriyama 8 Choume 18-1 (仙台市太白区郡山8丁目18-1), Miyagi, Japan. Built in 1991, it comprises 37 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Tada Kensetsu (多田建設).
Pricing & Floor Plans
Based on 35 past listings, prices have ranged from 680〜1,980万円 (approx. $45,333–$132,000 USD at ¥150/$).
Unit sizes range from 64.1–88.0 sqm (690–947 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥27.1万/sqm (approx. $1,808/sqm or $168/sqft).
Location & Neighborhood
The property is located at Sendaishi Taihakuku Kouriyama 8 Choume 18-1 (仙台市太白区郡山8丁目18-1), Miyagi, Japan. It is a 16-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 35 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.