Overview of Roiyarukooto Toyonaka 4 Ban Kan (ロイヤルコート豊中４番館)
Roiyarukooto Toyonaka 4 Ban Kan (ロイヤルコート豊中４番館) is a 29-year-old condominium located at Toyonakashi Sanwa Machi 2 Choume 1-4 (豊中市三和町2丁目1-4), Osaka, Japan. Built in 1997, it comprises 97 units in a Reinforced Concrete (RC) structure. It was constructed by Yamato Hausu Kougyou , Toda Kensetsu (大和ハウス工業、 戸田建設).
Pricing & Floor Plans
Based on 45 past listings, prices have ranged from 1,800〜3,690万円 (approx. $120,000–$246,000 USD at ¥150/$).
Unit sizes range from 64.2–81.6 sqm (691–878 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3LDK (3-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥43.4万/sqm (approx. $2,890/sqm or $268/sqft).
Location & Neighborhood
The property is located at Toyonakashi Sanwa Machi 2 Choume 1-4 (豊中市三和町2丁目1-4), Osaka, Japan. It is a 9-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 29 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 97 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.
Analyze this property's fair price and negotiation room for free at RE:public.