Overview of Puranmezon Yao 2 Ban Kan (プランメゾン八尾2番館)
Puranmezon Yao 2 Ban Kan (プランメゾン八尾2番館) is a 29-year-old condominium located at Yaoshi Take Fuchi 1 Choume 223-4 (八尾市竹渕1丁目223-4), Osaka, Japan. Built in 1997, it comprises 80 units in a Reinforced Concrete (RC) structure. It was constructed by Toukyuukensetsu (東急建設).
Pricing & Floor Plans
Based on 28 past listings, prices have ranged from 680〜2,080万円 (approx. $45,333–$138,667 USD at ¥150/$).
Unit sizes range from 54.0–60.8 sqm (581–654 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3DK (3-bedroom w/ dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥26.2万/sqm (approx. $1,745/sqm or $162/sqft).
Location & Neighborhood
The property is located at Yaoshi Take Fuchi 1 Choume 223-4 (八尾市竹渕1丁目223-4), Osaka, Japan. It is a 14-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 29 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 80 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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