Overview of Shiteiparu Tatsumi Hashi (シティパル辰巳橋)
Shiteiparu Tatsumi Hashi (シティパル辰巳橋) is a 40-year-old condominium located at Oosakashi Nishiku Sakaigawa 1 Choume 6-23 (大阪市西区境川1丁目6-23), Osaka, Japan. Built in 1986, it comprises 47 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Zenidaka Kumi (銭高組).
Pricing & Floor Plans
Based on 30 past listings, prices have ranged from 790〜2,300万円 (approx. $52,667–$153,333 USD at ¥150/$).
Unit sizes range from 50.6–60.3 sqm (545–649 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4K (4-bedroom w/ kitchen), 4DK (4-bedroom w/ dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen), 3DK (3-bedroom w/ dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen).
Location & Neighborhood
The property is located at Oosakashi Nishiku Sakaigawa 1 Choume 6-23 (大阪市西区境川1丁目6-23), Osaka, Japan. It is a 7-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 40 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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