Overview of Esuriido Shin'oosaka Dai 7 (エスリード新大阪第７)
Esuriido Shin'oosaka Dai 7 (エスリード新大阪第７) is a 28-year-old condominium located at Oosakashi Higashiyodogawa Ku Higashinaka Shima 1 Choume 11-5 (大阪市東淀川区東中島1丁目11-5), Osaka, Japan. Built in 1998, it comprises 80 units in a Reinforced Concrete (RC) structure. It was constructed by Kanayama Koumuten (金山工務店).
Pricing & Floor Plans
Based on 87 past listings, prices have ranged from 690〜1,020万円 (approx. $46,000–$68,000 USD at ¥150/$).
Unit sizes range from 17.1–25.7 sqm (184–277 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1K (1-bedroom w/ kitchen).
Estimated price per sqm: ¥40.5万/sqm (approx. $2,698/sqm or $251/sqft).
Location & Neighborhood
The property is located at Oosakashi Higashiyodogawa Ku Higashinaka Shima 1 Choume 11-5 (大阪市東淀川区東中島1丁目11-5), Osaka, 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 28 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 80 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.