Overview of Imafuku Tsurumi Paakuhoomuzu (今福鶴見パークホームズ)
Imafuku Tsurumi Paakuhoomuzu (今福鶴見パークホームズ) is a 30-year-old condominium located at Oosakashi Joutouku Furuichi 1 Choume 9-2 (大阪市城東区古市1丁目9-2), Osaka, Japan. Built in 1996, it comprises 29 units in a Reinforced Concrete (RC) structure. It was constructed by Nishimatsu Kensetsu , Taun Sekkei (西松建設、 タウン設計).
Pricing & Floor Plans
Based on 32 past listings, prices have ranged from 1,680〜3,580万円 (approx. $112,000–$238,667 USD at ¥150/$).
Unit sizes range from 56.8–83.0 sqm (611–893 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 1R (Studio), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥45.9万/sqm (approx. $3,057/sqm or $284/sqft).
Location & Neighborhood
The property is located at Oosakashi Joutouku Furuichi 1 Choume 9-2 (大阪市城東区古市1丁目9-2), Osaka, Japan. It is a 13-minute walk to the nearest station. In Japan, station proximity significantly affects property values and daily convenience.
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 30 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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