Overview of Esuperansu・piarijji Komagawa (エスペランス・ピアリッジ駒川)
Esuperansu・piarijji Komagawa (エスペランス・ピアリッジ駒川) is a 36-year-old condominium located at Oosakashi Higashisumiyoshi Ku Komagawa 3 Choume 20-18 (大阪市東住吉区駒川3丁目20-18), Osaka, Japan. Built in 1990, it comprises 31 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Hase Kou Kooporeeshon (長谷工コーポレーション).
Pricing & Floor Plans
Based on 18 past listings, prices have ranged from 1,480〜3,080万円 (approx. $98,667–$205,333 USD at ¥150/$).
Unit sizes range from 60.2–100.6 sqm (648–1083 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1LDK (1-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥29.8万/sqm (approx. $1,988/sqm or $185/sqft).
Location & Neighborhood
The property is located at Oosakashi Higashisumiyoshi Ku Komagawa 3 Choume 20-18 (大阪市東住吉区駒川3丁目20-18), 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 36 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.