Overview of Raionzumanshon Chiyoda Ni Ban Kan (ライオンズマンション千代田弐番館)
Raionzumanshon Chiyoda Ni Ban Kan (ライオンズマンション千代田弐番館) is a 37-year-old condominium located at Kawachinagano Shi Jiyuu Ke Oka 1-2 (河内長野市自由ケ丘1-2), Osaka, Japan. Built in 1989, it comprises 174 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Arai Kumi (新井組).
Pricing & Floor Plans
Based on 165 past listings, prices have ranged from 298〜1,380万円 (approx. $19,867–$92,000 USD at ¥150/$).
Unit sizes range from 60.0–96.2 sqm (646–1035 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), 3LDK (3-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥9.5万/sqm (approx. $635/sqm or $59/sqft).
Location & Neighborhood
The property is located at Kawachinagano Shi Jiyuu Ke Oka 1-2 (河内長野市自由ケ丘1-2), Osaka, 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 37 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 174 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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