Overview of Asahi Puraza Tsuruhashi (朝日プラザ鶴橋)
Asahi Puraza Tsuruhashi (朝日プラザ鶴橋) is a 45-year-old condominium located at Oosakashi Ikuno Ku Tsuruhashi 3 Choume 1-28 (大阪市生野区鶴橋3丁目1-28), Osaka, Japan. Built in 1981, it comprises 47 units in a Reinforced Concrete (RC) structure. It was constructed by Taiboku Kensetsu (大木建設).
Pricing & Floor Plans
Based on 28 past listings, prices have ranged from 780〜2,180万円 (approx. $52,000–$145,333 USD at ¥150/$).
Unit sizes range from 44.9–66.2 sqm (483–713 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1R (Studio), 2DK (2-bedroom w/ dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen), 3DK (3-bedroom w/ dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥30.1万/sqm (approx. $2,004/sqm or $186/sqft).
Location & Neighborhood
The property is located at Oosakashi Ikuno Ku Tsuruhashi 3 Choume 1-28 (大阪市生野区鶴橋3丁目1-28), Osaka, Japan. It is a 5-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 45 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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