Overview of Inperiaru Ikeda Shiroyamamachi (インペリアル池田城山町)
Inperiaru Ikeda Shiroyamamachi (インペリアル池田城山町) is a 42-year-old condominium located at Ikeda Shi Shiroyamamachi 3-51 (池田市城山町3-51), Osaka, Japan. Built in 1984, it comprises 66 units in a Reinforced Concrete (RC) structure. It was constructed by Oobayashi Kumi (大林組).
Pricing & Floor Plans
Based on 40 past listings, prices have ranged from 1,680〜3,398万円 (approx. $112,000–$226,533 USD at ¥150/$).
Unit sizes range from 73.7–105.4 sqm (793–1135 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3LDK (3-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥34.0万/sqm (approx. $2,265/sqm or $210/sqft).
Location & Neighborhood
The property is located at Ikeda Shi Shiroyamamachi 3-51 (池田市城山町3-51), Osaka, Japan. It is a 10-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 42 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 66 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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