Overview of Asahi Purazaakushisu Higashiyodogawa (朝日プラザアクシス東淀川)
Asahi Purazaakushisu Higashiyodogawa (朝日プラザアクシス東淀川) is a 35-year-old condominium located at Oosakashi Higashiyodogawa Ku Sugawara 7 Choume 6-8 (大阪市東淀川区菅原7丁目6-8), Osaka, Japan. Built in 1991, it comprises 42 units in a Reinforced Concrete (RC) structure. It was constructed by Michita Koumuten (道田工務店).
Pricing & Floor Plans
Based on 26 past listings, prices have ranged from 270〜500万円 (approx. $18,000–$33,333 USD at ¥150/$).
Unit sizes range from 14.6–16.3 sqm (157–175 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: ¥22.4万/sqm (approx. $1,493/sqm or $139/sqft).
Location & Neighborhood
The property is located at Oosakashi Higashiyodogawa Ku Sugawara 7 Choume 6-8 (大阪市東淀川区菅原7丁目6-8), Osaka, Japan. It is a 8-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 35 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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