Overview of Purejiiru Ibaraki Kouriyama (プレジール茨木郡山)
Purejiiru Ibaraki Kouriyama (プレジール茨木郡山) is a 30-year-old condominium located at Ibaragishi Kouriyama 2 Choume 23-14 (茨木市郡山2丁目23-14), Osaka, Japan. Built in 1996, it comprises 26 units in a Reinforced Concrete (RC) structure. It was constructed by Toyokuni Kensetsu , Nichi Juu Saabisu (豊国建設、 日住サービス).
Pricing & Floor Plans
Based on 32 past listings, prices have ranged from 200〜830万円 (approx. $13,333–$55,333 USD at ¥150/$).
Unit sizes range from 60.6–73.3 sqm (652–789 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: ¥6.9万/sqm (approx. $459/sqm or $43/sqft).
Location & Neighborhood
The property is located at Ibaragishi Kouriyama 2 Choume 23-14 (茨木市郡山2丁目23-14), Osaka, Japan. It is a 35-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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