Overview of Sezaaru Hirakata Miyako Oka (セザール枚方都丘)
Sezaaru Hirakata Miyako Oka (セザール枚方都丘) is a 38-year-old condominium located at Hirakatashi Miyako Oka Machi 25-2 (枚方市都丘町25-2), Osaka, Japan. Built in 1988, it comprises 31 units in a Reinforced Concrete (RC) structure. It was constructed by Fuji Kou (冨士工).
Pricing & Floor Plans
Based on 6 past listings, prices have ranged from 680〜980万円 (approx. $45,333–$65,333 USD at ¥150/$).
Unit sizes range from 61.6–63.8 sqm (663–687 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1LDK (1-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Location & Neighborhood
The property is located at Hirakatashi Miyako Oka Machi 25-2 (枚方市都丘町25-2), 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 38 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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