Overview of Raionzumanshon Fuchuu Daisan (ライオンズマンション府中第３)
Raionzumanshon Fuchuu Daisan (ライオンズマンション府中第３) is a 44-year-old condominium located at Fuchuushi Miyamachi 2 Choume 2-8 (府中市宮町2丁目2-8), Tokyo, Japan. Built in 1982, it comprises 41 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Kumagaigumi (熊谷組).
Pricing & Floor Plans
Price range: 情報なし.
Estimated price per sqm: ¥66.9万/sqm (approx. $4,461/sqm or $414/sqft).
Location & Neighborhood
The property is located at Fuchuushi Miyamachi 2 Choume 2-8 (府中市宮町2丁目2-8), Tokyo, Japan. It is a 4-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 44 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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