Overview of Kingumanshon Shin Yodogawa (キングマンション新淀川)
Kingumanshon Shin Yodogawa (キングマンション新淀川) is a 28-year-old condominium located at Oosakashi Nishiyodogawa Ku Fukumachi 1 Choume 12-34 (大阪市西淀川区福町1丁目12-34), Osaka, Japan. Built in 1998, it comprises 204 units in a Reinforced Concrete (RC) structure. It was constructed by Arai Kumi (新井組).
Pricing & Floor Plans
Based on 80 past listings, prices have ranged from 990〜3,098万円 (approx. $66,000–$206,533 USD at ¥150/$).
Unit sizes range from 54.0–77.0 sqm (581–829 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 3SLDK (3-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥44.1万/sqm (approx. $2,943/sqm or $273/sqft).
Location & Neighborhood
The property is located at Oosakashi Nishiyodogawa Ku Fukumachi 1 Choume 12-34 (大阪市西淀川区福町1丁目12-34), Osaka, Japan. It is a 3-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 204 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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