Overview of Sharumanfuji Suminoe Kouen Doshiiru (シャルマンフジ住之江公園ドシール)
Sharumanfuji Suminoe Kouen Doshiiru (シャルマンフジ住之江公園ドシール) is a 28-year-old condominium located at Oosakashi Suminoe Ku Nikita Shima 2 Choume 8-43 (大阪市住之江区新北島2丁目8-43), Osaka, Japan. Built in 1998, it comprises 25 units in a Reinforced Concrete (RC) structure. It was constructed by Kumagaigumi (熊谷組).
Pricing & Floor Plans
Based on 12 past listings, prices have ranged from 1,490〜2,999万円 (approx. $99,333–$199,933 USD at ¥150/$).
Unit sizes range from 66.1–70.5 sqm (711–759 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2LDK (2-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥43.2万/sqm (approx. $2,877/sqm or $267/sqft).
Location & Neighborhood
The property is located at Oosakashi Suminoe Ku Nikita Shima 2 Choume 8-43 (大阪市住之江区新北島2丁目8-43), 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 28 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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