Overview of Furoide Jouhoku (フロイデ城北)
Furoide Jouhoku (フロイデ城北) is a 35-year-old condominium located at Oosakashi Asahiku Akagawa 3 Choume 13-39 (大阪市旭区赤川3丁目13-39), Osaka, Japan. Built in 1991, it comprises 29 units in a Reinforced Concrete (RC) structure. It was constructed by Okumura Kumi (奥村組).
Pricing & Floor Plans
Based on 7 past listings, prices have ranged from 1,580〜3,080万円 (approx. $105,333–$205,333 USD at ¥150/$).
Unit sizes range from 57.8–80.9 sqm (622–871 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2LDK (2-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥35.0万/sqm (approx. $2,333/sqm or $217/sqft).
Location & Neighborhood
The property is located at Oosakashi Asahiku Akagawa 3 Choume 13-39 (大阪市旭区赤川3丁目13-39), Osaka, Japan. It is a 6-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 35 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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