Overview of Raionzumanshon Nin Ke Oka (ライオンズマンション忍ヶ丘)
Raionzumanshon Nin Ke Oka (ライオンズマンション忍ヶ丘) is a 28-year-old condominium located at Shijounawate Ichioka Santou 1 Choume 3-9 (四條畷市岡山東1丁目3-9), Osaka, Japan. Built in 1998, it comprises 31 units in a Reinforced Concrete (RC) structure. It was constructed by Tekken Kensetsu (鉄建建設).
Pricing & Floor Plans
Based on 17 past listings, prices have ranged from 1,730〜3,200万円 (approx. $115,333–$213,333 USD at ¥150/$).
Unit sizes range from 64.4–86.6 sqm (693–932 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3SLDK (3-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥32.9万/sqm (approx. $2,191/sqm or $204/sqft).
Location & Neighborhood
The property is located at Shijounawate Ichioka Santou 1 Choume 3-9 (四條畷市岡山東1丁目3-9), Osaka, Japan. It is a 1-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.
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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