Overview of Kingumanshon Dou Shima Kawa (キングマンション堂島川)
Kingumanshon Dou Shima Kawa (キングマンション堂島川) is a 28-year-old condominium located at Oosakashi Fukushima Ku Tamagawa 1 Choume 1-36 (大阪市福島区玉川1丁目1-36), Osaka, Japan. Built in 1998, it comprises 384 units in a Reinforced Concrete (RC) structure. It was constructed by Taiseikensetsu (大成建設).
Pricing & Floor Plans
Based on 340 past listings, prices have ranged from 2,280〜10,800万円 (approx. $152,000–$720,000 USD at ¥150/$).
Unit sizes range from 60.2–112.8 sqm (648–1214 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3LDK (3-bedroom w/ living-dining-kitchen), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 2LDK (2-bedroom w/ living-dining-kitchen), 1LDK (1-bedroom w/ living-dining-kitchen), 1SLDK (1-bedroom w/ living-dining-kitchen + service room).
Estimated price per sqm: ¥89.4万/sqm (approx. $5,959/sqm or $554/sqft).
Location & Neighborhood
The property is located at Oosakashi Fukushima Ku Tamagawa 1 Choume 1-36 (大阪市福島区玉川1丁目1-36), Osaka, Japan. It is a 2-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 28 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 384 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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