Overview of Tondabayashi Guriinmanshon (富田林グリーンマンション)
Tondabayashi Guriinmanshon (富田林グリーンマンション) is a 34-year-old condominium located at Tondabayashi Shi Kouda 6 Choume 9-30 (富田林市甲田6丁目9-30), Osaka, Japan. Built in 1992, it comprises 48 units in a Reinforced Concrete (RC) structure. It was constructed by Nisshin Kou Ei (日新工営).
Pricing & Floor Plans
Based on 74 past listings, prices have ranged from 690〜1,380万円 (approx. $46,000–$92,000 USD at ¥150/$).
Unit sizes range from 55.2–66.0 sqm (594–710 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2LDK (2-bedroom w/ living-dining-kitchen), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥19.2万/sqm (approx. $1,283/sqm or $119/sqft).
Location & Neighborhood
The property is located at Tondabayashi Shi Kouda 6 Choume 9-30 (富田林市甲田6丁目9-30), Osaka, Japan. It is a 7-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 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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