Overview of Abeno Sharumu (あべのシャルム)
Abeno Sharumu (あべのシャルム) is a 27-year-old condominium located at Oosakashi Abenoku Asahimachi 3 Choume 2-5 (大阪市阿倍野区旭町3丁目2-5), Osaka, Japan. Built in 1999, it comprises 146 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Toukyuukensetsu (東急建設).
Pricing & Floor Plans
Based on 47 past listings, prices have ranged from 2,130〜4,980万円 (approx. $142,000–$332,000 USD at ¥150/$).
Unit sizes range from 70.2–96.4 sqm (756–1038 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 4LK (4LK), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥54.6万/sqm (approx. $3,638/sqm or $338/sqft).
Location & Neighborhood
The property is located at Oosakashi Abenoku Asahimachi 3 Choume 2-5 (大阪市阿倍野区旭町3丁目2-5), 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 27 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 146 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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