Overview of Hyuusu Ichi Oka Ichiban Kan (ヒュース一丘壱番館)
Hyuusu Ichi Oka Ichiban Kan (ヒュース一丘壱番館) is a 36-year-old condominium located at Sennan Shi Shin Tooru Oonawashiro 484 (泉南市信達大苗代484), Osaka, Japan. Built in 1990, it comprises 24 units in a Reinforced Concrete (RC) structure. It was constructed by Nisshin Kensetsu Kougyou (日新建設工業).
Pricing & Floor Plans
Based on 42 past listings, prices have ranged from 320〜980万円 (approx. $21,333–$65,333 USD at ¥150/$).
Unit sizes range from 58.3–70.3 sqm (628–757 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1LDK (1-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥6.5万/sqm (approx. $433/sqm or $40/sqft).
Location & Neighborhood
The property is located at Sennan Shi Shin Tooru Oonawashiro 484 (泉南市信達大苗代484), Osaka, Japan. It is a 18-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 36 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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