Overview of Komonshitei Hoshida Asuteeji 8 Goutou (コモンシティ星田アステージ８号棟)
Komonshitei Hoshida Asuteeji 8 Goutou (コモンシティ星田アステージ８号棟) is a 32-year-old condominium located at Kounoshi Hoshida Nishi 4 Choume 1-8 (交野市星田西4丁目1-8), Osaka, Japan. Built in 1994, it comprises 40 units in a Reinforced Concrete (RC) structure. It was constructed by Maeda Kensetsu Kougyou (前田建設工業).
Pricing & Floor Plans
Based on 7 past listings, prices have ranged from 1,180〜1,480万円 (approx. $78,667–$98,667 USD at ¥150/$).
Unit sizes range from 73.3–84.5 sqm (789–910 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3LDK (3-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥15.0万/sqm (approx. $999/sqm or $93/sqft).
Location & Neighborhood
The property is located at Kounoshi Hoshida Nishi 4 Choume 1-8 (交野市星田西4丁目1-8), Osaka, Japan. It is a 15-minute walk to the nearest station. In Japan, station proximity significantly affects property values and daily convenience.
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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