Overview of Raionzumanshon Heiya Higashi (ライオンズマンション平野東)
Raionzumanshon Heiya Higashi (ライオンズマンション平野東) is a 34-year-old condominium located at Oosakashi Heiya Ku Heiya Higashi 1 Choume 8-40 (大阪市平野区平野東1丁目8-40), Osaka, Japan. Built in 1992, it comprises 48 units in a Reinforced Concrete (RC) structure. It was constructed by Machida Koumuten , Toukyuukensetsu (町田工務店、 東急建設).
Pricing & Floor Plans
Based on 23 past listings, prices have ranged from 1,680〜2,680万円 (approx. $112,000–$178,667 USD at ¥150/$).
Unit sizes range from 69.8–81.9 sqm (751–882 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥32.0万/sqm (approx. $2,134/sqm or $198/sqft).
Location & Neighborhood
The property is located at Oosakashi Heiya Ku Heiya Higashi 1 Choume 8-40 (大阪市平野区平野東1丁目8-40), Osaka, Japan. It is a 13-minute walk to the nearest station. In Japan, station proximity significantly affects property values and daily convenience.
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.
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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