Overview of Rukkuhaitsu Honda (ルックハイツ本田)
Rukkuhaitsu Honda (ルックハイツ本田) is a 44-year-old condominium located at Oosakashi Nishiku Honda 3 Choume 1-6 (大阪市西区本田3丁目1-6), Osaka, Japan. Built in 1982, it comprises 22 units in a Reinforced Concrete (RC) structure. It was constructed by Toukyuukensetsu (東急建設).
Pricing & Floor Plans
Based on 42 past listings, prices have ranged from 1,180〜2,680万円 (approx. $78,667–$178,667 USD at ¥150/$).
Unit sizes range from 49.5–66.6 sqm (533–717 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1LDK (1-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥32.0万/sqm (approx. $2,133/sqm or $198/sqft).
Location & Neighborhood
The property is located at Oosakashi Nishiku Honda 3 Choume 1-6 (大阪市西区本田3丁目1-6), 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 44 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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