Overview of Churisu Matsu Ke Oka Matsubara (チュリス松ヶ丘松原)
Churisu Matsu Ke Oka Matsubara (チュリス松ヶ丘松原) is a 28-year-old condominium located at Matsubara Ichimatsu Ke Oka 4 Choume 11-18 (松原市松ケ丘4丁目11-18), Osaka, Japan. Built in 1998, it comprises 76 units in a Reinforced Concrete (RC) structure. It was constructed by Hase Kou Kooporeeshon (長谷工コーポレーション).
Pricing & Floor Plans
Based on 22 past listings, prices have ranged from 1,010〜2,780万円 (approx. $67,333–$185,333 USD at ¥150/$).
Unit sizes range from 64.7–83.7 sqm (696–901 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 3SLDK (3-bedroom w/ living-dining-kitchen + service room), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Location & Neighborhood
The property is located at Matsubara Ichimatsu Ke Oka 4 Choume 11-18 (松原市松ケ丘4丁目11-18), Osaka, Japan. It is a 11-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 28 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 76 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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