Overview of Kuroobaahaitsu Hatsushiba Vipure (クローバーハイツ初芝ヴィプレ)
Kuroobaahaitsu Hatsushiba Vipure (クローバーハイツ初芝ヴィプレ) is a 37-year-old condominium located at Sakaishi Higashiku Hioki Shouden Nakamachi 46-1 (堺市東区日置荘田中町46-1), Osaka, Japan. Built in 1989, it comprises 116 units in a Reinforced Concrete (RC) structure. It was constructed by Toukaikougyou (東海興業).
Pricing & Floor Plans
Based on 52 past listings, prices have ranged from 980〜2,080万円 (approx. $65,333–$138,667 USD at ¥150/$).
Unit sizes range from 61.1–80.1 sqm (658–862 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), 3LDK (3-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥23.8万/sqm (approx. $1,585/sqm or $147/sqft).
Location & Neighborhood
The property is located at Sakaishi Higashiku Hioki Shouden Nakamachi 46-1 (堺市東区日置荘田中町46-1), Osaka, Japan. It is a 9-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 37 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 116 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.