Overview of Monseenu Moriguchi (モンセーヌ守口)
Monseenu Moriguchi (モンセーヌ守口) is a 29-year-old condominium located at Moriguchishi Yakumo Nakamachi 3 Choume 13-36 (守口市八雲中町3丁目13-36), Osaka, Japan. Built in 1997, it comprises 149 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Hase Kou Kooporeeshon (長谷工コーポレーション).
Pricing & Floor Plans
Based on 57 past listings, prices have ranged from 1,380〜4,180万円 (approx. $92,000–$278,667 USD at ¥150/$).
Unit sizes range from 61.6–85.3 sqm (663–918 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥51.6万/sqm (approx. $3,441/sqm or $320/sqft).
Location & Neighborhood
The property is located at Moriguchishi Yakumo Nakamachi 3 Choume 13-36 (守口市八雲中町3丁目13-36), 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 29 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 149 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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