Overview of Sayama Sukaihaitsu (狭山スカイハイツ)
Sayama Sukaihaitsu (狭山スカイハイツ) is a 45-year-old condominium located at Oosakasayama Shi Higashi Gumi Ki 1 Choume 532-1 (大阪狭山市東茱萸木1丁目532-1), Osaka, Japan. Built in 1981, it comprises 230 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Hasegawakoumuten (長谷川工務店).
Pricing & Floor Plans
Based on 107 past listings, prices have ranged from 550〜1,490万円 (approx. $36,667–$99,333 USD at ¥150/$).
Unit sizes range from 61.6–97.7 sqm (663–1052 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3DK (3-bedroom w/ dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 3SLDK (3-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥11.7万/sqm (approx. $779/sqm or $72/sqft).
Location & Neighborhood
The property is located at Oosakasayama Shi Higashi Gumi Ki 1 Choume 532-1 (大阪狭山市東茱萸木1丁目532-1), Osaka, Japan. It is a 15-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 45 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 230 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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