Overview of Ribaagaaden Fukushima (リバーガーデン福島)
Ribaagaaden Fukushima (リバーガーデン福島) is a 21-year-old condominium located at Oosakashi Fukushima Ku Noda 6 Choume 5-41 (大阪市福島区野田6丁目5-41), Osaka, Japan. Built in 2005, it comprises 452 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Nishimatsu Kensetsu (西松建設).
Pricing & Floor Plans
Based on 62 past listings, prices have ranged from 2,980〜5,980万円 (approx. $198,667–$398,667 USD at ¥150/$).
Unit sizes range from 67.7–109.0 sqm (729–1173 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4SLDK (4-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen), 3DK (3-bedroom w/ dining-kitchen), 3SLDK (3-bedroom w/ living-dining-kitchen + service room).
Estimated price per sqm: ¥62.7万/sqm (approx. $4,179/sqm or $388/sqft).
Location & Neighborhood
The property is located at Oosakashi Fukushima Ku Noda 6 Choume 5-41 (大阪市福島区野田6丁目5-41), 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 452 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.