Overview of Shiteihausu Moriguchi Momo Machi Ryokudou Kouen (シティハウス守口桃町緑道公園)
Shiteihausu Moriguchi Momo Machi Ryokudou Kouen (シティハウス守口桃町緑道公園) is a 22-year-old condominium located at Moriguchishi Soto Shima Machi 3-15 (守口市外島町3-15), Osaka, Japan. Built in 2004, it comprises 98 units in a Reinforced Concrete (RC) structure. It was constructed by Toukaikougyou (東海興業).
Pricing & Floor Plans
Based on 33 past listings, prices have ranged from 2,280〜3,990万円 (approx. $152,000–$266,000 USD at ¥150/$).
Unit sizes range from 68.5–92.3 sqm (737–994 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥48.8万/sqm (approx. $3,252/sqm or $302/sqft).
Location & Neighborhood
The property is located at Moriguchishi Soto Shima Machi 3-15 (守口市外島町3-15), 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
Scale advantage: With 98 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.