Overview of Esuriido Joushin Shou Daini (エスリード上新庄第２)
Esuriido Joushin Shou Daini (エスリード上新庄第２) is a 24-year-old condominium located at Oosakashi Higashiyodogawa Ku Komatsu 3 Choume 6-6 (大阪市東淀川区小松3丁目6-6), Osaka, Japan. Built in 2002, 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 13 past listings, prices have ranged from 1,980〜3,280万円 (approx. $132,000–$218,667 USD at ¥150/$).
Unit sizes range from 58.7–82.0 sqm (632–883 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 3SLDK (3-bedroom w/ living-dining-kitchen + service room).
Location & Neighborhood
The property is located at Oosakashi Higashiyodogawa Ku Komatsu 3 Choume 6-6 (大阪市東淀川区小松3丁目6-6), Osaka, Japan. It is a 8-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 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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