Overview of Ekuseraato Yoshida (エクセラート吉田)
Ekuseraato Yoshida (エクセラート吉田) is a 40-year-old condominium located at Higashioosakashi Mizu Sou 2 Choume 5-8 (東大阪市水走2丁目5-8), Osaka, Japan. Built in 1986, it comprises 121 units in a Reinforced Concrete (RC) structure. It was constructed by Dai Matsu Kensetsu (大末建設).
Pricing & Floor Plans
Based on 56 past listings, prices have ranged from 780〜2,100万円 (approx. $52,000–$140,000 USD at ¥150/$).
Unit sizes range from 53.9–78.0 sqm (580–840 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen), 3DK (3-bedroom w/ dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥24.1万/sqm (approx. $1,609/sqm or $150/sqft).
Location & Neighborhood
The property is located at Higashioosakashi Mizu Sou 2 Choume 5-8 (東大阪市水走2丁目5-8), Osaka, Japan. It is a 7-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 40 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 121 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.
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