Overview of Kuraunhiruzu Minoo (クラウンヒルズ箕面)
Kuraunhiruzu Minoo (クラウンヒルズ箕面) is a 24-year-old condominium located at Minoo Shi Makiochi 5 Choume 2-22 (箕面市牧落5丁目2-22), Osaka, Japan. Built in 2002, it comprises 36 units in a Reinforced Concrete (RC) structure. It was constructed by Taihei Juutaku (太平住宅).
Pricing & Floor Plans
Based on 70 past listings, prices have ranged from 1,720〜9,300万円 (approx. $114,667–$620,000 USD at ¥150/$).
Unit sizes range from 72.2–166.8 sqm (777–1795 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1SLDK (1-bedroom w/ living-dining-kitchen + service room), 1LDK (1-bedroom w/ living-dining-kitchen), 4SLDK (4-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥34.3万/sqm (approx. $2,287/sqm or $213/sqft).
Location & Neighborhood
The property is located at Minoo Shi Makiochi 5 Choume 2-22 (箕面市牧落5丁目2-22), Osaka, Japan. It is a 12-minute walk to the nearest station. In Japan, station proximity significantly affects property values and daily convenience.
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 24 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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