Overview of Suteitsu Suita Paakusuteeji (ステイツ吹田パークステージ)
Suteitsu Suita Paakusuteeji (ステイツ吹田パークステージ) is a 28-year-old condominium located at Suitashi Honami Machi 4-18 (吹田市穂波町4-18), Osaka, Japan. Built in 1998, it comprises 45 units in a Reinforced Concrete (RC) structure. It was constructed by Andou Kensetsu (安藤建設).
Pricing & Floor Plans
Based on 27 past listings, prices have ranged from 2,320〜3,980万円 (approx. $154,667–$265,333 USD at ¥150/$).
Unit sizes range from 71.5–88.2 sqm (770–949 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3LDK (3-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥47.1万/sqm (approx. $3,139/sqm or $292/sqft).
Location & Neighborhood
The property is located at Suitashi Honami Machi 4-18 (吹田市穂波町4-18), Osaka, Japan. It is a 9-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 28 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.
Analyze this property's fair price and negotiation room for free at RE:public.