Overview of Raionzumanshon Higashioosaka (ライオンズマンション東大阪)
Raionzumanshon Higashioosaka (ライオンズマンション東大阪) is a 29-year-old condominium located at Higashioosakashi Aramoto Shinmachi 77 (東大阪市荒本新町77), Osaka, Japan. Built in 1997, it comprises 60 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Dai Matsu Kensetsu (大末建設).
Pricing & Floor Plans
Based on 32 past listings, prices have ranged from 1,280〜2,890万円 (approx. $85,333–$192,667 USD at ¥150/$).
Unit sizes range from 58.7–68.2 sqm (632–734 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), 3LDK (3-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 3SLDK (3-bedroom w/ living-dining-kitchen + service room).
Estimated price per sqm: ¥39.5万/sqm (approx. $2,633/sqm or $245/sqft).
Location & Neighborhood
The property is located at Higashioosakashi Aramoto Shinmachi 77 (東大阪市荒本新町77), Osaka, Japan. It is a 2-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 29 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 60 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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