Overview of Raionzumanshon Miyako Shima Takakura Machi (ライオンズマンション都島高倉町)
Raionzumanshon Miyako Shima Takakura Machi (ライオンズマンション都島高倉町) is a 32-year-old condominium located at Oosakashi Miyako Shima Ku Takakura Machi 1 Choume 10-30 (大阪市都島区高倉町1丁目10-30), Osaka, Japan. Built in 1994, it comprises 40 units in a Reinforced Concrete (RC) structure. It was constructed by Matsumura Kumi , Nakayama Koumuten (松村組、 中山工務店).
Pricing & Floor Plans
Based on 25 past listings, prices have ranged from 1,580〜2,980万円 (approx. $105,333–$198,667 USD at ¥150/$).
Unit sizes range from 51.9–58.3 sqm (559–628 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1SLDK (1-bedroom w/ living-dining-kitchen + service room), 2DK (2-bedroom w/ dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen), 3DK (3-bedroom w/ dining-kitchen), 2SDK (2-bedroom w/ dining-kitchen + service room).
Estimated price per sqm: ¥49.7万/sqm (approx. $3,311/sqm or $308/sqft).
Location & Neighborhood
The property is located at Oosakashi Miyako Shima Ku Takakura Machi 1 Choume 10-30 (大阪市都島区高倉町1丁目10-30), 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 32 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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