Overview of Raionzumanshon Kanemachi (ライオンズマンション金町)
Raionzumanshon Kanemachi (ライオンズマンション金町) is a 45-year-old condominium located at Katsushikaku Kanemachi 3 Choume 34-2 (葛飾区金町3丁目34-2), Tokyo, Japan. Built in 1981, it comprises 28 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Taisei Purehabu (大成プレハブ).
Pricing & Floor Plans
Based on 26 past listings, prices have ranged from 700〜3,580万円 (approx. $46,667–$238,667 USD at ¥150/$).
Unit sizes range from 36.1–48.6 sqm (389–523 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2K (2-bedroom w/ kitchen), 1LDK (1-bedroom w/ living-dining-kitchen), 2DK (2-bedroom w/ dining-kitchen), 1DK (1-bedroom w/ dining-kitchen), 3DK (3-bedroom w/ dining-kitchen).
Estimated price per sqm: ¥64.1万/sqm (approx. $4,271/sqm or $397/sqft).
Location & Neighborhood
The property is located at Katsushikaku Kanemachi 3 Choume 34-2 (葛飾区金町3丁目34-2), Tokyo, Japan. It is a 6-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 45 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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