Overview of Famiiruhaitsu Joutou A Tou (ファミールハイツ城東Ａ棟)
Famiiruhaitsu Joutou A Tou (ファミールハイツ城東Ａ棟) is a 38-year-old condominium located at Oosakashi Joutouku Houshutsu Nishi 1 Choume 2-59 (大阪市城東区放出西1丁目2-59), Osaka, Japan. Built in 1988, it comprises 218 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Kumagaigumi (熊谷組).
Pricing & Floor Plans
Based on 146 past listings, prices have ranged from 1,350〜4,198万円 (approx. $90,000–$279,867 USD at ¥150/$).
Unit sizes range from 59.3–95.3 sqm (638–1026 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 3SLDK (3-bedroom w/ living-dining-kitchen + service room).
Estimated price per sqm: ¥40.1万/sqm (approx. $2,673/sqm or $248/sqft).
Location & Neighborhood
The property is located at Oosakashi Joutouku Houshutsu Nishi 1 Choume 2-59 (大阪市城東区放出西1丁目2-59), Osaka, Japan. It is a 11-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 38 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 218 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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