Overview of Tookan Higashiyodogawa Kyasuteeru (トーカン東淀川キャステール)
Tookan Higashiyodogawa Kyasuteeru (トーカン東淀川キャステール) is a 36-year-old condominium located at Oosakashi Higashiyodogawa Ku Sugawara 4 Choume 10-28 (大阪市東淀川区菅原4丁目10-28), Osaka, Japan. Built in 1990, it comprises 123 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Shimizukensetsu (清水建設).
Pricing & Floor Plans
Based on 131 past listings, prices have ranged from 220〜680万円 (approx. $14,667–$45,333 USD at ¥150/$).
Unit sizes range from 13.6–16.2 sqm (146–174 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: ¥29.5万/sqm (approx. $1,967/sqm or $183/sqft).
Location & Neighborhood
The property is located at Oosakashi Higashiyodogawa Ku Sugawara 4 Choume 10-28 (大阪市東淀川区菅原4丁目10-28), 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 36 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 123 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.
Analyze this property's fair price and negotiation room for free at RE:public.