Overview of Raionzumanshon Tsuruhashi (ライオンズマンション鶴橋)
Raionzumanshon Tsuruhashi (ライオンズマンション鶴橋) is a 34-year-old condominium located at Oosakashi Ikuno Ku Tsuruhashi 5 Choume 2-29 (大阪市生野区鶴橋5丁目2-29), Osaka, Japan. Built in 1992, it comprises 66 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Dai Matsu Kensetsu (大末建設).
Pricing & Floor Plans
Based on 37 past listings, prices have ranged from 1,200〜3,998万円 (approx. $80,000–$266,533 USD at ¥150/$).
Unit sizes range from 54.6–70.6 sqm (588–760 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), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥54.2万/sqm (approx. $3,611/sqm or $336/sqft).
Location & Neighborhood
The property is located at Oosakashi Ikuno Ku Tsuruhashi 5 Choume 2-29 (大阪市生野区鶴橋5丁目2-29), Osaka, Japan. It is a 8-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 34 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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