Overview of Asahi Puraza Tsukamoto 2 (朝日プラザ塚本２)
Asahi Puraza Tsukamoto 2 (朝日プラザ塚本２) is a 38-year-old condominium located at Oosakashi Nishiyodogawa Ku Nozato 1 Choume 20-20 (大阪市西淀川区野里1丁目20-20), Osaka, Japan. Built in 1988, it comprises 42 units in a Reinforced Concrete (RC) structure. It was constructed by Shinohara (シノハラ).
Pricing & Floor Plans
Based on 51 past listings, prices have ranged from 270〜1,000万円 (approx. $18,000–$66,667 USD at ¥150/$).
Unit sizes range from 13.7–14.6 sqm (147–157 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1K (1-bedroom w/ kitchen), 1R (Studio).
Estimated price per sqm: ¥32.4万/sqm (approx. $2,159/sqm or $201/sqft).
Location & Neighborhood
The property is located at Oosakashi Nishiyodogawa Ku Nozato 1 Choume 20-20 (大阪市西淀川区野里1丁目20-20), 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 38 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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