Overview of Parukooto Tama Shutsu Sanpateiiku (パルコート玉出サンパティーク)
Parukooto Tama Shutsu Sanpateiiku (パルコート玉出サンパティーク) is a 27-year-old condominium located at Oosakashi Nishinari Ku Tama Shutsu Higashi 2 Choume 3-21 (大阪市西成区玉出東2丁目3-21), Osaka, Japan. Built in 1999, it comprises 53 units in a Reinforced Concrete (RC) structure. It was constructed by Hase Kou Kooporeeshon (長谷工コーポレーション).
Pricing & Floor Plans
Based on 24 past listings, prices have ranged from 1,450〜3,398万円 (approx. $96,667–$226,533 USD at ¥150/$).
Unit sizes range from 62.0–75.0 sqm (667–807 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2LDK (2-bedroom w/ living-dining-kitchen), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥42.3万/sqm (approx. $2,819/sqm or $262/sqft).
Location & Neighborhood
The property is located at Oosakashi Nishinari Ku Tama Shutsu Higashi 2 Choume 3-21 (大阪市西成区玉出東2丁目3-21), Osaka, Japan. It is a 2-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 27 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 53 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.