Overview of Suteitsu Senri Oka Higashi (ステイツ千里丘東)
Suteitsu Senri Oka Higashi (ステイツ千里丘東) is a 32-year-old condominium located at Settsu Shi Senri Oka Higashi 1 Choume 1-9 (摂津市千里丘東1丁目1-9), Osaka, Japan. Built in 1994, it comprises 27 units in a Reinforced Concrete (RC) structure. It was constructed by Zenidaka Kumi (錢高組).
Pricing & Floor Plans
Based on 13 past listings, prices have ranged from 1,850〜3,580万円 (approx. $123,333–$238,667 USD at ¥150/$).
Unit sizes range from 70.0–87.9 sqm (753–946 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: ¥42.6万/sqm (approx. $2,843/sqm or $264/sqft).
Location & Neighborhood
The property is located at Settsu Shi Senri Oka Higashi 1 Choume 1-9 (摂津市千里丘東1丁目1-9), Osaka, Japan. It is a 6-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 32 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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