Overview of Rejion Deki Shima Kouen (レジオン出来島公園)
Rejion Deki Shima Kouen (レジオン出来島公園) is a 41-year-old condominium located at Oosakashi Nishiyodogawa Ku Deki Shima 1 Choume 11-17 (大阪市西淀川区出来島1丁目11-17), Osaka, Japan. Built in 1985, it comprises 117 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Zenidaka Kumi (錢高組).
Pricing & Floor Plans
Based on 42 past listings, prices have ranged from 980〜2,780万円 (approx. $65,333–$185,333 USD at ¥150/$).
Unit sizes range from 51.5–70.0 sqm (554–753 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1SLDK (1-bedroom w/ living-dining-kitchen + service room), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 4LDK (4-bedroom w/ living-dining-kitchen), 1LDK (1-bedroom w/ living-dining-kitchen), 4DK (4-bedroom w/ dining-kitchen).
Estimated price per sqm: ¥35.4万/sqm (approx. $2,357/sqm or $219/sqft).
Location & Neighborhood
The property is located at Oosakashi Nishiyodogawa Ku Deki Shima 1 Choume 11-17 (大阪市西淀川区出来島1丁目11-17), Osaka, Japan. It is a 2-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 41 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 117 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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