Overview of Uesutopuraza Takaishi (ウエストプラザ高石)
Uesutopuraza Takaishi (ウエストプラザ高石) is a 33-year-old condominium located at Takaishi Shi Chiyoda 1 Choume 11-11 (高石市千代田1丁目11-11), Osaka, Japan. Built in 1993, it comprises 25 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Nankai Kensetsu ・ribaa Sangyou Kyoudou Kigyoutai (南海建設・リバー産業共同企業体).
Pricing & Floor Plans
Based on 31 past listings, prices have ranged from 590〜2,698万円 (approx. $39,333–$179,867 USD at ¥150/$).
Unit sizes range from 27.1–81.2 sqm (292–874 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2K (2-bedroom w/ kitchen), 2DK (2-bedroom w/ dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen), 3DK (3-bedroom w/ dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥21.4万/sqm (approx. $1,429/sqm or $133/sqft).
Location & Neighborhood
The property is located at Takaishi Shi Chiyoda 1 Choume 11-11 (高石市千代田1丁目11-11), Osaka, Japan. It is a 1-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 33 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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