Overview of Guriintaun Higashikouri A Tou (グリーンタウン東香里A棟)
Guriintaun Higashikouri A Tou (グリーンタウン東香里A棟) is a 40-year-old condominium located at Hirakatashi Nasuzukuri 3 Choume 8-1 (枚方市茄子作3丁目8-1), Osaka, Japan. Built in 1986, it comprises 19 units in a Reinforced Concrete (RC) structure. It was constructed by Kamitani Koumuten (紙谷工務店).
Pricing & Floor Plans
Based on 6 past listings, prices have ranged from 990〜1,580万円 (approx. $66,000–$105,333 USD at ¥150/$).
Unit sizes range from 83.5–88.4 sqm (899–952 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥19.6万/sqm (approx. $1,307/sqm or $121/sqft).
Location & Neighborhood
The property is located at Hirakatashi Nasuzukuri 3 Choume 8-1 (枚方市茄子作3丁目8-1), Osaka, Japan. It is a 2-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 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.
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