Overview of Sukoore Izumi Chuuou (スコーレ和泉中央)
Sukoore Izumi Chuuou (スコーレ和泉中央) is a 30-year-old condominium located at Izumi Shi Nozomi No 2 Choume 1161-3 (和泉市のぞみ野2丁目1161-3), Osaka, Japan. Built in 1996, it comprises 155 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Kumagaigumi , Maeda Kensetsu Kougyou (熊谷組、 前田建設工業).
Pricing & Floor Plans
Based on 43 past listings, prices have ranged from 1,190〜2,650万円 (approx. $79,333–$176,667 USD at ¥150/$).
Unit sizes range from 62.4–83.7 sqm (672–901 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), 3SLDK (3-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥27.4万/sqm (approx. $1,825/sqm or $170/sqft).
Location & Neighborhood
The property is located at Izumi Shi Nozomi No 2 Choume 1161-3 (和泉市のぞみ野2丁目1161-3), Osaka, Japan. It is a 11-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.
Scale advantage: With 155 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.
Analyze this property's fair price and negotiation room for free at RE:public.