Overview of Raionzumanshon Toyonaka Hotarugaike (ライオンズマンション豊中螢池)
Raionzumanshon Toyonaka Hotarugaike (ライオンズマンション豊中螢池) is a 42-year-old condominium located at Toyonakashi Hotarugaike Higashichou 2 Choume 2-14 (豊中市螢池東町2丁目2-14), Osaka, Japan. Built in 1984, it comprises 41 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Kawasakiseitetsu (川崎製鉄).
Pricing & Floor Plans
Based on 22 past listings, prices have ranged from 450〜2,850万円 (approx. $30,000–$190,000 USD at ¥150/$).
Unit sizes range from 23.7–58.2 sqm (255–626 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), 2K (2-bedroom w/ kitchen), 1LDK (1-bedroom w/ living-dining-kitchen), 1K (1-bedroom w/ kitchen), 1R (Studio).
Estimated price per sqm: ¥25.7万/sqm (approx. $1,715/sqm or $159/sqft).
Location & Neighborhood
The property is located at Toyonakashi Hotarugaike Higashichou 2 Choume 2-14 (豊中市螢池東町2丁目2-14), 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 42 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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