Overview of Kosumo Fuse (コスモ布施)
Kosumo Fuse (コスモ布施) is a 33-year-old condominium located at Higashioosakashi Ashidai 1 Choume 21-4 (東大阪市足代1丁目21-4), Osaka, Japan. Built in 1993, it comprises 74 units in a Reinforced Concrete (RC) structure. It was constructed by Dai Matsu Kensetsu (大末建設).
Pricing & Floor Plans
Based on 22 past listings, prices have ranged from 1,150〜3,280万円 (approx. $76,667–$218,667 USD at ¥150/$).
Unit sizes range from 56.0–80.1 sqm (603–862 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1SLDK (1-bedroom w/ living-dining-kitchen + service room), 2LDK (2-bedroom w/ living-dining-kitchen), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥48.7万/sqm (approx. $3,249/sqm or $302/sqft).
Location & Neighborhood
The property is located at Higashioosakashi Ashidai 1 Choume 21-4 (東大阪市足代1丁目21-4), Osaka, Japan. It is a 4-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 33 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 74 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.