Overview of Raionzumanshon Sennan Tarui Dai 2 (ライオンズマンション泉南樽井第2)
Raionzumanshon Sennan Tarui Dai 2 (ライオンズマンション泉南樽井第2) is a 33-year-old condominium located at Sennan Shi Tarui 7 Choume 13-32 (泉南市樽井7丁目13-32), Osaka, Japan. Built in 1993, it comprises 143 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Kumagaigumi (熊谷組).
Pricing & Floor Plans
Based on 31 past listings, prices have ranged from 570〜1,180万円 (approx. $38,000–$78,667 USD at ¥150/$).
Unit sizes range from 56.3–86.1 sqm (606–927 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2LDK (2-bedroom w/ living-dining-kitchen), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥13.4万/sqm (approx. $895/sqm or $83/sqft).
Location & Neighborhood
The property is located at Sennan Shi Tarui 7 Choume 13-32 (泉南市樽井7丁目13-32), Osaka, Japan. It is a 8-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 33 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 143 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.