Overview of Daiaparesu Suminodou Suteeshonsukuea (ダイアパレス住道ステーションスクエア)
Daiaparesu Suminodou Suteeshonsukuea (ダイアパレス住道ステーションスクエア) is a 37-year-old condominium located at Daitou Shi Akai 1 Choume 7 (大東市赤井1丁目7), Osaka, Japan. Built in 1989, it comprises 109 units in a Reinforced Concrete (RC) structure. It was constructed by Morita Kensetsu (モリタ建設).
Pricing & Floor Plans
Based on 42 past listings, prices have ranged from 420〜2,580万円 (approx. $28,000–$172,000 USD at ¥150/$).
Unit sizes range from 24.1–72.9 sqm (259–785 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), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 2DK (2-bedroom w/ dining-kitchen), 1DK (1-bedroom w/ dining-kitchen), 1R (Studio).
Estimated price per sqm: ¥34.2万/sqm (approx. $2,281/sqm or $212/sqft).
Location & Neighborhood
The property is located at Daitou Shi Akai 1 Choume 7 (大東市赤井1丁目7), Osaka, Japan. It is a 3-minute walk to the nearest station. This is considered excellent station access in Japan, where most daily errands are done on foot or by train.
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 37 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 109 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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