Overview of Ekuseraaju Mikuni Ke Oka (エクセラージュ三国ヶ丘)
Ekuseraaju Mikuni Ke Oka (エクセラージュ三国ヶ丘) is a 27-year-old condominium located at Sakaishi Kitaku Kurotsuchi Machi 2359-1 (堺市北区黒土町2359-1), Osaka, Japan. Built in 1999, it comprises 37 units in a Reinforced Concrete (RC) structure. It was constructed by Satou Benekku (さとうベネック).
Pricing & Floor Plans
Based on 13 past listings, prices have ranged from 1,550〜2,999万円 (approx. $103,333–$199,933 USD at ¥150/$).
Unit sizes range from 64.7–75.5 sqm (696–813 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 3SLDK (3-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Location & Neighborhood
The property is located at Sakaishi Kitaku Kurotsuchi Machi 2359-1 (堺市北区黒土町2359-1), 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 27 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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