Overview of Raionzumanshon Senbayashi Oomiya (ライオンズマンション千林大宮)
Raionzumanshon Senbayashi Oomiya (ライオンズマンション千林大宮) is a 38-year-old condominium located at Oosakashi Asahiku Chuuguu 5 Choume 4-30 (大阪市旭区中宮5丁目4-30), Osaka, Japan. Built in 1988, it comprises 70 units in a Reinforced Concrete (RC) structure. It was constructed by Fuji Kensetsu (不二建設).
Pricing & Floor Plans
Based on 37 past listings, prices have ranged from 950〜2,380万円 (approx. $63,333–$158,667 USD at ¥150/$).
Unit sizes range from 42.2–62.6 sqm (454–674 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1LDK (1-bedroom w/ living-dining-kitchen), 1R (Studio), 2DK (2-bedroom w/ dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen), 3DK (3-bedroom w/ dining-kitchen).
Estimated price per sqm: ¥36.4万/sqm (approx. $2,427/sqm or $225/sqft).
Location & Neighborhood
The property is located at Oosakashi Asahiku Chuuguu 5 Choume 4-30 (大阪市旭区中宮5丁目4-30), Osaka, Japan. It is a 10-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 38 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 70 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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