Overview of Forumu Momo Ke Ike Kouen (フォルム桃ヶ池公園)
Forumu Momo Ke Ike Kouen (フォルム桃ヶ池公園) is a 40-year-old condominium located at Oosakashi Abenoku Momo Ke Ike Machi 1 Choume 12-24 (大阪市阿倍野区桃ケ池町1丁目12-24), Osaka, Japan. Built in 1986, it comprises 14 units in a Reinforced Concrete (RC) structure. It was constructed by Dai Shin Kensetsu Kougyou (大新建設工業).
Pricing & Floor Plans
Price range: 情報なし.
Estimated price per sqm: ¥44.5万/sqm (approx. $2,965/sqm or $275/sqft).
Location & Neighborhood
The property is located at Oosakashi Abenoku Momo Ke Ike Machi 1 Choume 12-24 (大阪市阿倍野区桃ケ池町1丁目12-24), Osaka, Japan. It is a 8-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 40 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.
Analyze this property's fair price and negotiation room for free at RE:public.