Overview of Paakuhiruzuooka (パークヒルズオーカ)
Paakuhiruzuooka (パークヒルズオーカ) is a 37-year-old condominium located at Oosakasayama Shi Sayama 5 Choume 2247 (大阪狭山市狭山5丁目2247), Osaka, Japan. Built in 1989, it comprises 27 units in a Reinforced Concrete (RC) structure. It was constructed by Ookawa Kensetsu (大川建設).
Pricing & Floor Plans
Based on 10 past listings, prices have ranged from 990〜1,550万円 (approx. $66,000–$103,333 USD at ¥150/$).
Unit sizes range from 74.4–89.7 sqm (801–966 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4DK (4-bedroom w/ dining-kitchen), 3SDK (3-bedroom w/ dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥17.4万/sqm (approx. $1,163/sqm or $108/sqft).
Location & Neighborhood
The property is located at Oosakasayama Shi Sayama 5 Choume 2247 (大阪狭山市狭山5丁目2247), 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 37 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.
Analyze this property's fair price and negotiation room for free at RE:public.