Overview of Runepaakuoashisu (ルネパークオアシス)
Runepaakuoashisu (ルネパークオアシス) is a 26-year-old condominium located at Oosakashi Nishiyodogawa Ku Himesato 3 Choume 13-48 (大阪市西淀川区姫里3丁目13-48), Osaka, Japan. Built in 2000, it comprises 262 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Hase Kou Kooporeeshon (長谷工コーポレーション).
Pricing & Floor Plans
Based on 80 past listings, prices have ranged from 1,880〜4,980万円 (approx. $125,333–$332,000 USD at ¥150/$).
Unit sizes range from 60.7–84.4 sqm (653–908 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), 1LDK (1-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥61.1万/sqm (approx. $4,074/sqm or $378/sqft).
Location & Neighborhood
The property is located at Oosakashi Nishiyodogawa Ku Himesato 3 Choume 13-48 (大阪市西淀川区姫里3丁目13-48), Osaka, Japan. It is a 4-minute walk to the nearest station. This is considered excellent station access in Japan, where most daily errands are done on foot or by train.
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 26 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 262 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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