Overview of Yao Kitamoto Machi Aabankonfooto (八尾北本町アーバンコンフォート)
Yao Kitamoto Machi Aabankonfooto (八尾北本町アーバンコンフォート) is a 25-year-old condominium located at Yaoshi Kitamoto Machi 4 Choume 1-4 (八尾市北本町4丁目1-4), Osaka, Japan. Built in 2001, it comprises 95 units in a Reinforced Concrete (RC) structure. It was constructed by Fujita (フジタ).
Pricing & Floor Plans
Based on 24 past listings, prices have ranged from 1,780〜3,380万円 (approx. $118,667–$225,333 USD at ¥150/$).
Unit sizes range from 69.8–104.7 sqm (751–1127 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: ¥41.0万/sqm (approx. $2,733/sqm or $254/sqft).
Location & Neighborhood
The property is located at Yaoshi Kitamoto Machi 4 Choume 1-4 (八尾市北本町4丁目1-4), Osaka, Japan. It is a 7-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 25 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 95 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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