Overview of Raionzumanshon Suminodou (ライオンズマンション住道)
Raionzumanshon Suminodou (ライオンズマンション住道) is a 25-year-old condominium located at Daitou Shi Akai 3 Choume 1-2 (大東市赤井3丁目1-2), Osaka, Japan. Built in 2001, it comprises 78 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Dai Matsu Kensetsu (大末建設).
Pricing & Floor Plans
Based on 14 past listings, prices have ranged from 1,890〜3,580万円 (approx. $126,000–$238,667 USD at ¥150/$).
Unit sizes range from 62.8–78.7 sqm (676–847 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥46.0万/sqm (approx. $3,063/sqm or $285/sqft).
Location & Neighborhood
The property is located at Daitou Shi Akai 3 Choume 1-2 (大東市赤井3丁目1-2), Osaka, Japan. It is a 11-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 25 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 78 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.
Analyze this property's fair price and negotiation room for free at RE:public.