Overview of Dioferutei Miyako Shima (ディオフェルティ都島)
Dioferutei Miyako Shima (ディオフェルティ都島) is a 32-year-old condominium located at Oosakashi Miyako Shima Ku Tomo Fuchimachi 3 Choume 10-5 (大阪市都島区友渕町3丁目10-5), Osaka, Japan. Built in 1994, it comprises 53 units in a Reinforced Concrete (RC) structure. It was constructed by Hase Kou Kooporeeshon (長谷工コーポレーション).
Pricing & Floor Plans
Based on 50 past listings, prices have ranged from 1,480〜3,780万円 (approx. $98,667–$252,000 USD at ¥150/$).
Unit sizes range from 58.2–72.8 sqm (626–784 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3DK (3-bedroom w/ dining-kitchen), 5K (5-bedroom w/ kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥53.5万/sqm (approx. $3,567/sqm or $331/sqft).
Location & Neighborhood
The property is located at Oosakashi Miyako Shima Ku Tomo Fuchimachi 3 Choume 10-5 (大阪市都島区友渕町3丁目10-5), Osaka, Japan. It is a 18-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 32 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 53 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.
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